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3 Numbers: US job openings expected to dip for second month
Tuesday's another low-key day for scheduled economic reports. The main event for US data is the July update for the NFIB Business Optimism Index, followed by the government’s monthly Job Openings & Labor Turnover Survey for June. Meantime, keep an eye on Italy’s FTSE MIB Index, the best-performing equity index this year among Europe’s big four economies. US: Small Business Optimism Index (1000 GMT) Last week’s update on payrolls for July delivered another encouraging profile of the labour market, but the positive news masks weaker jobs data for small companies. ADP’s estimate of small-business ... (full story)