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CNH

Sandwiched Between 50-DMA & 100-DMA

AUSSIE BONDS

AUCTION PREVIEW: ACGB Nov '32 Supply Due

JAPAN DATA

Japan May CPI 0.1% Y/Y; Energy Up

RAND
RAND: USD/ZAR broke below the 50-dma at Zar 13.2005 on the most recent downtick
in the USD. A close below would be the first since April and could open up a
deeper decline to the 38.2% Fib level for the Zar 11.5078-13.9974 move at Zar
13.0464 ahead of the 200-dma at Zar 12.7591. Rate has now pulled back around 6%
from the late June high of Zar 13.9974.