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Weekly Update: Trade headlines...>

US EURODLR FUTURES
US EURODLR FUTURES: Weekly Update: Trade headlines wagged markets all week.
- Despite the lead quarterly decline and underperformance of Eurodollar White
pack (EDZ9-EDU0) vs. the balance of the strip, risk-off undertones remained the
underlying theme despite some placating missives sparsely sprinkled about by the
Trump administration.
- Little react to surprise Fed Chair Powell meet w/ Tsy Sec Mnuchin and Pres
Trump on Monday" "POWELL STRESSED POLICY DEPENDENT ON INCOMING DATA". Risk-off
resumed as US Pres Trump said US would just raise tariffs "even higher" if China
"doesn't make a deal" while the human rights/democracy bill in support of Hong
Kong added to safe-haven support in rates.
- Modest risk-off unwind triggered early Thursday after  South China Morning
Post (SCMP) headline: "U.S. MAY DELAY DEC. 15 TARIFFS IF PACT NOT REACHED BY
THEN". 
- For the week: lead EDZ9 futures slipped 0.007 to 98.09, EDH0 through EDU0
gained 0.005-0.045; Reds (EDZ0-EDU1) 0.060-0.080 higher, while Greens through
Golds (EDZ1-EDU4) gained 0.075-0.100.

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