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GBPUSD TECHS

Trend Direction Remains Down

FED

Reverse Repo Operation

COMMODITIES

Lumber Breaks Back Above Its 200DMA

BRAZIL

Precatorios Bill Comfortably Passes Senate Vote

EQUITIES
EQUITIES: US equities on the front foot in the first trading session since the
midterms, with all major indices up between 0.5-1.0%. All sectors are in the
green with energy names benefiting on the back of stronger oil prices and
healthcare and financials not far behind. US 10y yields, after touching 3.2485
overnight are relatively stable at and around yesterday's closing levels. The
USD index has suffered slightly, touching the lowest levels since Oct22 in
European morning trade, but recovering off the lows alongside US equity markets.