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German PMI was better than expected, but......>

BUNDS
BUNDS: German PMI was better than expected, but Bunds are off their lows, since
the German data is still in contraction territory. 
-Services showed 4th straight contraction, while manufacturing a 18th straight
contraction.
The contract is back to pre French PMI and stable at 175.81.
-Resistance above remains at 176.37, while initial support is further out at
175.30.

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