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Some Regional Divergence Creeping Into Equities, USD Bid Holds

CROSS ASSET

Broader volatility remains evident, with the early themes of USD strength, equity weakness, a bid in core global fixed income and a shunt higher in crude oil prices holding, even if the moves have pared back from extremes. Asia-Pacific equity indices are faring better than their European & U.. counterparts (based on futures movements in Europe & the U.S.), with the Nikkei only ~0.2% lower on the session, while the ASX 200 is actually 0.3% firmer on the day.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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