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3 Numbers: US consumers on a spending spree in April
Tuesday’s a busy day for economic news, including the monthly update on unemployment in Germany. We’ll also see several US reports, including the April release for personal income and spending and the Conference Board’s monthly data for its Consumer Confidence Index in May. Germany: Unemployment Report (0755 GMT) Last week’s sentiment data suggests that Germany’s moderate growth trend will roll on, based on survey figures for consumers, the financial community and the business sector. There’s still concern about the near-term outlook, according to business polling. But overall, the mood points to more of ... (full story)