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Tech outperforms after jumbo Fed rate cut: Are bullish signals coming?
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Key events

We have a few things to watch out this week. PMI (purchasing managers’ index) data for major developed economies will be in focus.

The 3rd estimate of US Q2 GDP growth will be out.

Finally, market will be receiving the latest figures on the core personal consumption expenditures (PCE) price index - this is the Fed's preferred inflation gauge.

To add on, lots of Fed officials will be speaking this week.
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