So, certainly there is going to be a reality check. There is a lot more important US data coming out, particularly today, the ISM services number and then, yes, going on in the week as well which will give us a reality check on really how bad is the US economy faring and whether we should really be expecting the Federal Reserve to cut rates by 50 basis points in just one meeting in September or over 100 basis points through to the end of the year.
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