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IMF economic outlook shows global economy limping along

EU mid-market update: IMF economic outlook shows global economy limping along; China said to consider new stimulus to meet growth target. Notes/observ

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Focus turning to upcoming Fed speak and US payroll data

- Bond yields face opposing pressures from hawkish central banks and weak economic growth. - Markets are muted ahead of US jobless claims and tomorrow

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Continued spike in energy prices weighing upon risk appetite

- German Aug Factory Orders fall more than expected weighed down by auto sector. - Safe haven flows aid USD as energy surge drives inflation concerns.

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