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LONDON: German Bund futures reversed early gains on Tuesday with traders citing the breaking of technical levels which triggered some selling as anticipation grew the ECB will give details of a new bond-buying scheme on Thursday.
"There's a bit of selling up ahead of the ECB, but not a lot more than that. We've triggered some stops on the way down and looking at around 143.15 as the next level," a trader said.
Bund futures were last 33 ticks down on the day at 143.22, with high volume traded around the 143.34 level.
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