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Lifting rates this week? Yes, Yes, No.

NAB Morning Call

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The Fed's Message to the Market Is That It's Going Nowhere This Week

The European question is, have we seen the bottom in terms of that contraction within the manufacturing sector in Germany? The last time it printed at 40, the market is looking for a small uptick to 41. And are we seeing weakening in the service sector? And how is Europe comparing to the United States? Yes. We mentioned Japan and that that will be the one thing. Will they continue to do better than others, particularly in the manufacturing sector?"

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