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5/1 The Morning Briefing
Equities: Europe Higher, Japan Lower. Bonds: Europe Higher, Japan Lower. Currencies: Little Change. United States: Key items today are the ADP payroll employment estimate, fresh off a homerun last month, the ISM Manufacturing Survey, a critical turning point indicator, and the FOMC announcement, likely a non-event but never safe to ignore. United Kingdom: Manufacturing Less Weak?
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