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A miss in May personal spending.......>

US DATA REACT
US DATA REACT: A miss in May personal spending (both real and nominal), but
upward revision to April. Personal income growth a little better than expected
(likewise, April revised up). Personal savings rate dropped to 23.2% (vs 32.2%
in April). PCE deflator numbers a touch higher than expected. Overall reaction
is slightly negative, but in check due to volatile nature of the data; Tsys tick
up to day's highs.

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