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olumide 02
faster than the marketš¤
Two sets of hard data have landed. PMI preliminary: composite 57.6 (September 58.4), services 57.9, manufacturing 56.0 (September 55.9), manufacturing hitting a 53-month high. University of Michigan final 48 (preliminary 46.3 rebound, flat from September); 1-year inflation expectation 4.7%, 5-year 3.5%, rising for two consecutive months, highest since May.
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