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US futures are rallying on what will be a huge day for the economy.
European markets have opened higher, with the exception of Spain, which is getting slammed.
We've got several big European PMIs coming up over the next hour or so.
Then the focus will shift to the US where we've got US manufacturing data, US car sales data, and of course the monthly jobs report.
While you were sleeping, China and Japan both rallied, with the latter hitting a 33 month high as the yen fell some more.
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