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US: IBD/TIPP Economic Optimism in May drops to 48.5 against expectations-Latest News

Ramon Ramirez
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Ramon Ramirez Newbie

Ramon Ramirez

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FXstreet.com (Barcelona) - From 49.3 in April, analysts were expecting economic optimism to rise to 50.3, but actual data for May points to a drop to 48.5.

Earlier in the American morning, (small) business optimism index by NFIB had risen to 94.5 in April, from 92.5 in March.

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