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SOY TECHS

(H2) Recovers From Tuesday’s Low

DATA REACT

US Philly Fed Mixed Price Signals

COPPER TECHS

(H2) Recovery From The 50-Day EMA Extends

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  • Same story for the Italian PMI manufacturing as in Spain: output expectations higher, input pressures weighing on production and input price increases being passed through to higher output prices.
  • As with the Spanish print, little market interest in this today given this data is pre-Omicron.