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ARGENTINA

VP Kirchner Highlights Fiscal Failures

COLOMBIA

July Trade Balance Data Due

CHILE

Chilean Markets Closed For National Holiday

BUNDS

Bear steepening

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The initial impulse from lower U.S. real yields and a softer DXY waned on Monday, with gold easing back from best levels even as the move lower in the aforementioned metrics extended. Spot gold then stuck to a tight range in Asia-Pac hours, to last deal little changed around $1,800.oz, with no notable changes to the technical overlay.