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Ipreo Daily Market Update October 2, 2015

Ipreo Daily Market Update October 2, 2015

In U.S. economic news, personal income for August rose 0.3%, below the upwardly-revised increase of 0.5% in July from 0.4%, while personal spending grew 0.4%. Meanwhile, Eurozone retail sales remained flat in August following July’s upwardly-revised 0.6% increase, and topping economists’ expectations of a 0.1% decline. Elsewhere, Japan’s average household spending rose 2.9% in August, while China’s manufacturing conditions hit the lowest point in six-and-a-half years as weak foreign demand led to dramatically less orders in September.
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