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Another slow start for the week.....>

US DATA PREVIEW
US DATA PREVIEW: Another slow start for the week ahead but data and event risk
will ramp up quickly, culminating in the headline employment report for February
while Fed Chairman Powell will discuss MonPol Normalization and Review in
Stanford Friday evening. Other key factors to keep an eye on are U.S./China
trade headlines, and policy announcements from the Bank of Canada on Wednesday,
the ECB on Thursday and the Reserve Bank of Australia on Friday.
- On tap for Monday: Feb ISM-NY current conditions and December construction
spending (0.2% est); 13- and 26W bill auctions.
- Nomura economists said they "expect a modest improvement in construction
spending in December. The November report indicated ongoing weakness in private
construction of new housing and softness in private nonresidential construction.
This trend likely continued in December."

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