• Equities are mostly modestly firmer; Adobe lower in the pre-market after soft guidance
• Dollar is flat, RENGO wage hike fails to lift the Yen
• Bonds are contained at post-PPI lows and Gilts continue to underperform
• Crude pulls back from best levels whilst copper holds at multi-month highs
• Looking ahead, US Import Prices, Canadian Wholesale Trade, UoM Inflation Expectations, Comments from ECB’s Lane

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