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China trade data disappoints, Equities lower, Bonds higher on flight to safety

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Financials: June Bonds are currently 1’11 higher at 163’21, 10 Yr. Notes 15 higher at 129’12.5 and 5 Yr. Notes 8 higher at 120’05.7. June 2017 Eurodollars are 4.5 higher at 98.97. We have cdovered our short Eurodollar June 2017 positions and are currently on the sidelines. China’s export figures were sharply below expectations at $34 Billion adding more indication of slowing growth. Equities dropped and treasuries rallied on the news. I am still favoring the long side of the 10 Yr. Note on

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