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EUROPE SUMMARY: More Sterling Steepeners

EQUITIES

Stocks Solid as S&P 500 Hits New Intraday High

US TSYS/SUPPLY

Preview $62B 7Y Note Auction

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EURO-DOLLAR
EURO-DOLLAR: The dollar continues to lose more ground, following the release of
weaker than expected core CPI. The pair went onto print fresh session highs of
$1.1771 before fading.