Macro Morning

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By Chris Becker 

Risk markets are on edge with tensions in the Gulf over Iran and trigger finger Trump, overshadowing the poor manufacturing PMI prints on both sides of the Atlantic. Wall Street had a lucklustre session as interest rates remained depressed, as 10 year Treasury yields remained just over the 2% level.

The economic calendar starts the week relatively quietly in Asia today with a speech by RBA Governor Lowe the key even to watch this morning.

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