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Today's 8:30am ET 1Q GDP is.........>

US DATA PREVIEW
US DATA PREVIEW: Today's 8:30am ET 1Q GDP is expected to rise 2.7% after a 1.4%
increase in the previous quarter. MNI Main Wire said the key factors are
expected to be stronger PCE growth and inventory accumulation, while
nonresidential fixed investment should slow, but remain positive. These should
be offset by softer residential fixed investment growth and a modestly wider
trade gap. The chain price index is forecast to rise 1.3% after the first
quarter's 1.9% gain. Annual revisions will be included with the data.

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