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On tap for Wednesday: February......>

US DATA PREVIEW
US DATA PREVIEW: On tap for Wednesday: February Final Demand PPI; January
durable goods new orders; January construction spending; TSY $16B 30Y bond
auction (912810SF6).
- Barclays economists estimate final demand PPI "to have increased 0.3% m/m
February, driven by a rebound in energy prices as well as a solid increase in
food prices. For core PPI (excluding food and energy) we forecast a modest 0.2%
m/m increase."
- Danske economists note "new capital goods orders have been on a descending
trend since September last year, indicating a slowdown in investments at the
beginning 2019. Overall," Danske expects "investments to continue growing in
2019 but probably not at the same pace as in 2017 and 2018."

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