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WORLD HEADLINES - Risk-on sentiment continued throughout the overnight trading session with U.S. stock futures and most equities in Asia rising as China was said to be planning to cut the average tariff rate it charges on imports as soon as next month. STOCKS - Global stocks climbed on Thursday as traders awaited the latest twists on global trade and digested Treasury yields approaching their highest level this year. BONDS - The yield on 10-year Treasuries was steady, holding well above the 3 percent mark after approaching its highs for the year on Wednesday. COMMODITIES - Risk-on flows also helped Oil, holding above $71 a barrel on declining stockpiles, the highest in almost four years. CURRENCIES - The greenback weakened after a report said the U.S. and Canada are unlikely to reach a deal on Nafta in Washington this week, while the pound strengthened after August retail sales came in higher than expected. ECONOMIC DATA - US Philly Fed Manufacturing Index due at 8:30 ET, Existing Home Sales at 10:00, Natural Gas Storage at 10:30, German Buba President Weidmann Speaks at 11:15 ET.
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