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US EURODLR OPTIONS

BLOCK: Red Dec'22 Put Spd

USDJPY TECHS

Bullish Focus

US

Is CPI Inflation About to Decelerate?

EURGBP TECHS

Breaches Support

GBPUSD TECHS

Remains Under Pressure

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  • The Chilean Peso has regained a third of the losses from the 3% gap at the open, however, Chilean stocks plummeted to their lowest levels since late-December 2020 and still reside down over 7% on the session (see chart below).
  • Swap rates have also come under pressure, with significant bear steepening in the Camara curve with long end swap rates seen nearly 20 basis points higher.
    • USDCLP up 1.99% at 714.13
    • Copper Futures up 6.3 (1.35%) at 469.65
    • Chile IPSA Index down 308.5 points (-7.05%) at 4252
  • Chile Camara Swaps:
    • 1-yr +6 bps at 0.94%
    • 2-yr +9 bps at 1.64%
    • 5-yr +11 bps at 2.83%
    • 10-yr +17 bps at 3.78%
    • 30-yr +19 bps at 4.47%

MNI/Bloomberg