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Overview: A bout of profit-taking in equities began in the US yesterday and has carried through Asia and Europe today. The MSCI Asia Pacific Index fell for the first time in five days, while the Dow Jones Stoxx 600 is snapping a six-day advance. The Nikkei gapped higher to start the week and a gap low tomorrow would undermine the technical outlook. Disappointing flash PMI data weighed on sentiment, but also is helping spur a bond market rally. The US 10-year yield is pulling back after the test on the 2.60% area. The Germany 10-year