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The Swiss franc strengthened against other major currencies in pre-European trading on Friday. This move occurred as global Treasury yields increased and risk aversion predominated this week, with Switzerland's strong fiscal position cited as a contributing factor.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but