HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS:Wall Street managed to close well off the mid-session sell-offs overnight (Dow Jones, S&P 500 and Nasdaq closed -0.3%, -0.2% and +0.4%, respectively), while the majority of Asian equity indices traded higher on Friday. Core government bonds extended their recent rally, with the 10-yr UST and Bund yields plunging to a three-month low of 2.83% and a six-month low of 0.22% y-day, respectively. In FX markets, the US dollar recovered...