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Japan to cut bond supply by JPY 4.8 trillion in 2019/20

Japanese Finance Ministry on Friday said that it would cut the issuance of Japanese government bond (JGB) by JPY 4.8 trillion in the fiscal year 2019/20.

Other things being equal, the reduced bond supply would put upward pressure on yields.

Mexican central bank Gov Carstens: Exchange rate, interest rates remain at relatively high levels

Mexican central bank Governor Agustín Carstens was reported by Reuters, as saying the exchange rate and interest rates remain at relatively high level
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Brent oil recovers from 15-month lows on reports OPEC is planning deeper output cuts

Brent oil has regained some poise, having tumbled 5 percent in the last session. As of writing, the front-month contract is trading at $55 per barrel
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