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3 Numbers To Watch: UK Construction PMI, US Trade, USDJPY
Tuesday’s report on the UK Markit/CIPS Construction PMI will shed new light on the prospects for a rebound in Britain’s construction sector. Later, the US trade report for April is released and the crowd will be looking for signs that the recent revival in domestic oil production is trimming the deficit. Meanwhile, the USDJPY cross will remain a crucial barometer for the outlook on the Japanese economy for a week that's light on hard data updates. UK Markit/CIPS Construction PMI (08:30 GMT): Is Britain’s construction sector poised to become a source of growth for the economy in the months ahead? ... (full story)