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Weekly Update: First time in.....>

US EURODLR FUTURES
US EURODLR FUTURES: Weekly Update: First time in months, Brexit headlines held
FI market focus over event risk tied to the ongoing impeachment inquiry of Pres
Trump, US/China trade, global growth and geo-political risks in the middle east.
- To be fair, US markets had little US data to trade off of as participants
returned from an extended holiday weekend. Markets see-sawed in a generally
narrow range for the week, markets thin as participants awaited Saturday's
special parliamentary support vote for Brexit.
- Trade volumes were exceedingly thin Friday (TYZ<720k in late trade) while
short end Eurodollar futures lead the strip higher. Lead quarterly EDZ9 futures
gained 0.030 as rate hike probability for the October 30 FOMC gelled around 85%.
- For the week: lead EDZ9 futures gained 0.030 to 98.130, while EDH0 through
EDU0 gained 0.035-0.050; Reds (EDZ0-EDU1) +0.035 to steady, Greens through Golds
(EDZ1-EDU4) gained only 0.010-0.005 for the week.

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