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Iron ore stockpiles at Chinese ports hit new high - BBG

Iron-ore stockpiles at Chinese ports hit a new high, rising +3.3% to 123.5mln tons. This marks the biggest weekly percentage gain in fifteen months, Livesquawk reports data compiled by Bloomberg.

Analysts at Citi expect iron-ore prices to retreat sharply to $ 53/ ton in 2H 2017.

The AUD/USD pair remains better offered as the aforementioned news is a negative input for the prices, while investors’ focus remain on the RBA policy decision due out shortly.

Bunds: Acceleration of rebound likely – Natixis

Natixis Fixed Income Weekly Technical note presents a compelling case in favor of a upside breakout in the safe haven German bunds. Rationale Given
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T-Note needs to break above 125.05 – Natixis

Natixis Fixed Income Weekly Technical note says the T-Note contract is set to test resistance at 125.05, where a failure would increase the risk of a
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