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Not a lot to get out of the press.....>

EUROZONE DATA
EUROZONE DATA: Not a lot to get out of the press releases regarding German and
French PMIs this morning. Things are still deteriorating (they're below 50) but
not as much as they were last month. Prices charges, employment, backlogs of
work all still falling during May. Eurozone data at 9am will include anecdotal
evidence on the wider Eurozone in the press release, but will probably show a
similar story.

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