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NY Fed Weekly Economic Index (WEI)


May 31 5Y/10Y BTP And CCTeu Details

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US DATA REACT: And Barclays' Pooja Sriram added that "with regard to the impact
on our Q3 GDP tracking estimate, today's (construction spending) report was a
touch weaker than what we had estimated. In addition, significant downward
revisions to previous months' data imply lower residential and structures
investment in Q3 compared to what we had factored in. Data on public
construction spending were also weaker than expected. In all, our Q3 GDP
tracking estimate was lowered by three-tenths to 2.0%, after rounding."

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