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Mixed US Data, With Durable Goods Disappointing (Amid Higher Rev.)

DATA REACT

In the US data dump just out at 0830ET:

  • Durable goods weaker than expected, though higher revisions
  • Initial jobless claims slightly better than expected
  • GDP unch in latest reading (vs expectations of 0.1pp revision higher)
  • Little reaction though Tsys on session lows

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