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Tsys Tick Higher On Mixed U.S. Data

  • The highlights of the 0830ET data dump: Init and Cont jobless claims come in higher than expected, while Durable Goods (and Wholesale Inventories) beat along with higher revisions. Adv Oct trade balance (-$80.3B) and GDP right in line (33.1% 2nd reading for Q3).
  • Tsys up a tick or two, possibly with the 5-week high in weekly claims (and prior week upward revisions) eyed. On to personal income / spending at 1000ET.

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