US PCE and Canadian GDP data coming up next ...Middle East

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The other notable part of the release is on personal consumption and it could end up being the market mover. The consensus is +0.1% m/m but yesterday's GDP report (albeit for Q1) showed surprising weakness in consumption that hasn't (yet?) showed up in many official data points.

Along with the US report, we also get the Canadian GDP reading for April.

This article was written by Adam Button at www.forexlive.com.

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