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USD index sits close to the best levels of the...>

US
US: USD index sits close to the best levels of the session ahead of the Wall
Street opening bell, up around 0.2% at pixel following firm upward revisions to
the ADP employment change data series (although Moody's Zandi notes the upward
revisions were due to annual benchmark revisions). The USD also received a boost
from EUR/USD sales on the back of Bloomberg reports suggesting the ECB's outlook
cut will sufficiently justify a further round of TLTROs.
US 10y Treasury yields are broadly inline with yesterday's close after a muted
session so far, with equities likely the driver from here. Futures are
indicating a slightly lower open for the S&P today, with focus turning to
speeches due from Fed's Williams and Mester later today, followed by Fed's Beige
Book.

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