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Macro turns to BOJ, Fed and BoE next week with ECB in rear mirror, Middle East conflict widens
- Little change to macro picture overnight following ECB rate decision. Major earnings continue to come in. Concern over bond yields dissipates slight
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Yields continue their ascent with focus on upcoming US, UK inflation data
- UK’s February GDP data held up but headwinds persists as cost-of-living crisis and war in Ukraine likely to mean a slowdown in activity. - EU inflat
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Focus remains on Ukraine crisis, EU Jan CPI revised to a record high
- Focus remains on the geopolitical tension; bracing for further developments in the Ukrainian crisis after Western countries announced sanctions agai
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