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b'Wednesday 8th December 2021There\\u2019s a lot of positive sentiment around this morning. Equities are rising sharply in the US and Europe, oil is up and bond yields are rising. NAB\\u2019s Gavin Friend says it\\u2019s been driven by the efficacy numbers of a GlaxoSmithKline vaccine, and circumstantial evidence that the Omicron strain might not be that bad for those who have been jabbed. Data wise there were fairly in strong industrial production numbers in Germany, with Chinese imports picking up and the final GDP numbers showing a rise in European consumer spending. In other news, Janet Yellen has been channelling her inner Donald Trump when it comes to tariffs and tensions brew over Ukraine. And NAB\\u2019s Ivan Colhoun deciphers yesterday\\u2019s RBA meeting.

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