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Week ahead appears to be a busy one for US, starting with
US labor report today - Consensus expects +178k for NFP (vs. +138k
prior), unemployment rate to stay unchanged at 4.3% and +0.3% m/m for
hourly earnings (vs. +0.2% prior); Fed Chair Yellen’s semi-annual
testimonies to Congress (Wed) and Senate Banking panel (Thu) as well as
retail sales and CPI (next Fri). Upside surprise to US data should keep
UST yields and USD supported, in particular against AXJs...
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