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Coming Up: PMI

US DATA

Chicago PMI coming up at 0945ET, Nomura economists said the expect the barometer to "rise to 60.0 in December from 58.7 in November. Federal Reserve regional business surveys suggest relatively strong demand and current production activity during early January despite continued increases in new COVID-19 cases in the US and abroad. Moreover, severe deterioration in vendor performance, which was reported across numerous business surveys, suggests upside risk to the Chicago PMI."

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