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By Chris Becker
A solid ISM Manufacturing print gave the US Dollar and US markets a small bounce overnight, but the Greek debt situation continues to weigh in Europe, where the Troika yet again met in secret to discuss the once-sovereign state’s future as a rolling series of debt payments begins this Friday.
Recapping Asia’s yesterday, where a “bad news is good news” meme for stocks in China is definitely in play with a lacklustre PMI giving the Shanghai Composite a huge lift up over 4% bouncing above support at 4600 points.
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