Forex News European government bonds open higher Thursday, as with equity markets set to take a breather after Wednesday's rally. Markets look ahead to the release of Germany's Ifo business climate index for July, with business sentiment forecast at 100.2, versus 101.3 previously (0800 GMT). Also to euro-zone July PMI data, with the composite index seen at 48.7 versus 49.3 previously, the manufacturing index at 48.7 versus 49.3 previously, and the services index at 48.5 versus 49.1 (0800 GMT). September bunds are currently up 0.16 at 110.13.
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