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Breakfast Buffet – 25 May

Morning Report Momentum Screening Upgrades/Downgrades Movers & Shakers Live Macro Calendar Top Trades Spread Betting with Accendo Markets

US Flash PMI 53.9 in May, down from 56.0 in April

First ever release of this data >50 = growth So US is growing, but not as quickly as last month CFDs & Spread Betting with Accendo Markets

Friday’s Live Macro Calendar – 25 May

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US Jobless Flat, Durable Goods Orders mixed

IN-LINE: US Initial Jobless (w/e 19 May): 370K vs 370K est (prev 372k, R+ from 370K) IN-LINE: US Continuing Jobless (w/e 12 May): 3.26m vs 3.25m est (prev 3.289m, R+ from 3.265m)   IN-LINE: US Durable Goods Orders (Apr): +0.2% MoM vs +0.2% est (prev -3.7%, R+ from -4.0%) WORSE :US Durable Goods Orders Ex-Transport…

Another Level – 24 May (VOD, XTA, VED)

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UK GDP revision adds to macro data woes

WORSE: UK Q1 Prelim GDP revised down to -0.3% QoQ from 0.2% est/flash WORSE :UK Q1 Prelim GDP revised down to -0.1% YoY from flat est/flash First YoY decline since Q4 2009 Revision driven by sharpest contraction in  Construction since Q1 2009   BETTER: UK BBA Mortgage approvals (April) 32438 vs 32,000 est (prev 31,931)…

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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