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3 Numbers: Chicago Fed index set to show firmer US growth in January
Germany’s consumer sector is in focus today with the March forecast for the Gfk Consumer Climate Index. We’ll also see an update on sentiment in the UK retailing sector via the February release of the CBI Distributive Trades Index. Later, the Chicago Fed’s updates its measures of the broad trend for the US economy based on the bank’s National Activity Index. Germany: Gfk Consumer Climate Index (0700 GMT) The broad trend for Europe’s biggest economy is expected to remain healthy in 2017, but if there’s a reason for caution you’ll find it in recent updates for consumer spending. Retail sales in Germany ... (full story)