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Breakfast briefing: Monday, May 23


MarketWatch: Economic data will garner most of the attention this week, with investors placing a heavy weight on a host of reports as they try and determine the likelihood of a rate hike by the US Federal Reserve at its June meeting. Multiple gauges of the manufacturing sector will be released along with durable goods orders, a reading on consumer sentiment and the revised gross domestic product report for the first quarter. Signs of improvement in the data would likely heighten expectations of a rate hike and put equities under pressure. - Reuters

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