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Tsys trading higher near the top....>

US TSYS SUMMARY
US TSYS SUMMARY: Tsys trading higher near the top of the range, strong volume
(TYU 1.53M), curves mixed; CPI Data came in line with expectations in all areas,
the data suggests steady gains in consumer inflation, both overall and core,
that should allow the FOMC to maintain its gradual rate hike path; Headlines
dominate the morning as Turkish Lira free falls; Trump adds pressure, "*TRUMP
AUTHORIZES DOUBLING OF TARIFFS ON TURKEY STEEL, ALUMINUM-BFW", "*LIRA DROPS TO
NEW RECORD AS TRUMP STEPS UP TARIFFS ON TURKEY-BFW"; "Reuters Top News: Turkey
turmoil sends ripples across world stock markets, euro falls-TWT" 
-PBOC made headlines, "*PBOC SAYS INSIST NOT TO HAVE 'STRONG' STIMULUS-BFW";
"*PBOC STILL SEES POSITIVE ELEMENTS FOR STABLE ECONOMIC GROWTH-BFW";
-DXY higher today (+0.633, 96.137, 96.305H/95.532L) hitting its highest level
since July 2017
-Equities taking a hit (emini -16.00, 2,837.75), West Texas Crude stronger (WTI
+0.96, 67.77), US$/Yen down (JPY -0.40, 110.68); Gold stronger (XAU +3.03,
1215.49); Tsy cash/ylds: 2Y 100-00.75 (2.608%), 5Y 100-00.25 (2.746%), 10Y
100-00 (2.873%), 30Y 99-12.5 (3.030%).

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