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3 Numbers To Watch: Spain's jobless, UK housing, US store sales
• Ukraine crisis continually monitored • Encouraging PMI numbers for Spain • UK housing in recovery mode Tuesday is a slow day for macro reports, which means that the ongoing crisis in Ukraine will continue to influence sentiment as the crowd struggles to assess this potentially dark force for the global economy. As for the scheduled numbers du jour, unemployment data for Spain should provide a new context for evaluating Europe’s recovery prospects. We’ll also get another read on Britain’s booming housing market via the February update of the Markit/CIPS UK Construction Purchasing Managers Index (PMI). ... (full story)