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US Employment data is at the forefront

BUNDS
  • A much steadier, low volume tight range session for Bonds across both sides of the Atlantic overnight as desks await the US NFP/AHE.
  • The contract did gap lower, but this was closed at 129.99.
  • Above the latter will see 130.39 Yesterday's high and also the lowest print in the 10yr yield since mid September.
  • Support is seen towards 129.47 initially.
  • Today sees, French IP, UK and US services PMI are final readings, main focus is of course on the US Employment and earnings data, followed by US ISM Services.
  • SUPPLY: Belgium 2038 and 2071 won't impact Bund.
  • SPEAKERS: Plenty of speakers, but unlikely to learn anything new, today includes, BoE Hauser, Pill, Haskel, ECB de Cos, Centeno, Fed Barr x2, Barkin, Haskel, Kashkari, Bostic.

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