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US DATA PREVIEW: Slow start to the week ahead, focus more on midweek CPI and PPI
releases. On tap for Monday: February factory new orders; March Employment
Trends Index (ETI); NY Fed expectations survey for April.
- With markets likely still digesting Friday's employment data Citi economists
note Monday's factory orders is "not usually a market mover. Given global
manufacturing trends though, we expect a subdued number after the measly +0.1%