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2014: Stronger recovery, low inflation and low rates

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Market Movers ahead In the US, ISM manufacturing should decline a bit and close some of the gap to production figures. The Fed’s preferred inflation measure should come out well below FOMC’s longer-run goal. Housing market data should in general reflect recovery. In Europe, manufacturing PMIs for Italy and Spain should continue to suggest higher growth in the periphery. Inflation figures for Italy and Spain are set to be broadly flat even though December euro inflation should fall to a new Reported by FXstreet.com 3 days ago.

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