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Some dip buying off the lows in Europe

CROSS ASSET
  • Some dip buying in Europe, VGH4 in over 5k, Dax in 1k.
  • Also block buyer in ERM4 4.93k at 96.67.
  • Bund has recovered 30 ticks off the next support noted at 134.37, printed a 134.37 low, now at 134.70.
  • Gilt, BTP and OAT are seeing similar flows, short covering.

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