EU FX Handover US GDP eyed

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  • With several European countries observing Ascension Day, the market have been fairly quiet thus far. Market participants took a break from selling stock stocks and buying safe-haven bonds, leading to a short covering rebound in equity indices and yields. Gold sold off again.
  • There were no new tweets from Donald Trump regarding China but a senior Chinese diplomat today said that provoking trade disputes is "naked economic terrorism."
  • US GDP is today’s key data release


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