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Bond yields climb from better than expected Nonfarm Payrolls

EU mid-market update: Most assets rally, led by crypto and metals, as bond yields climb from better than expected nonfarm payrolls.

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Rally from surprise dovish Fed pivot reverberates through global markets

- Risk appetite was on following the great monetary pivot, further dovish international central bank commentary in session.

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Markets enjoy broad support, China-US political tensions remain in focus

Asia Market Update: Markets enjoy broad support; China-US political tensions remain in focus; PBOC was a bit hawkish?; US ISM Services due later. Gene

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Weak PMI readings for Europe add to recession concerns

- Central banks continued to hike to address inflation (Philippines, Norway in session). Moves recirculate recession concerns and raise second thought

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Risk aversion flows continue to dominate amid growth concerns

- Risk aversion flows continue to dominate amid growth concerns. Asia - Australia Apr Employment Change: +4.0K v +30.0Ke; Unemployment Rate: 3.9% v 3.

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