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Leading indicator: US PMI

Feb 1 2012  A surprise improvement in the UK was notable among a slew of purchasing managers indices released this morning. At 1500 GMT the critical US ISM survey is released. John Authers, Long View columnist, discusses the significance of US manufacturing data for European investors with Gary Baker, head of European equities strategy at BofA Merrill Lynch Global Research.  (5m 37sec)
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Produced by Darryl Thomson. Filmed by Rod Fitzgerald and James MacDonald.

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