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AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

CHINA RATES
CHINA RATES: The 7-day deposit reverse repo average in China's interbank market
was 2.6881% on Thursday, lower than 2.8659% on Wednesday, according to Wind
Information. Overnight deposit reverse repo average was last at 2.2699%, lower
than 2.3366% on Wednesday. 
- Interest rate swaps hit a new low today across the entire curve, with the
1-year falling to 3.03% reflecting the PBOC's increasingly obvious shift from
neutral to dovish monetary policy. The collapse in rate expectations is a mirror
image of the collapse in equities, in particular financial stocks, and any
equity market recovery will be needed to arrest the decline in rate
expectations.