Equities gain modestly, Bonds hampered following EZ PMI metrics & GBP benefits on its own results - Newsquawk US Market Open
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- European bourses are mostly firmer across the board; US futures gain incrementally
- Dollar is trivially higher, GBP outperforms following stronger than expected PMI metrics
- Bonds are lower following the generally better than expected PMI releases, particularly in France the EZ and the UK; Germany continues to print poor metrics
- Crude is flat, XAU is slightly softer but remains above USD 2500/oz
- Looking ahead, US PMIs, US IJC, NZ Retail Sales, Jackson Hole Symposium, ECB Mi
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...and that's one of the better appraisals office space has gotten post-Covid...
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It is difficult to think of a worse place to locate an instrument to accurately measure nearby uncorrupted air temperatures...
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Putin has proven to have the patience of a saint by refusing to escalate in response to the slew of provocations that have been carried out against his country since the special operation began...
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