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In Australia, a relatively quiet week beckons in terms of new economic data. Home prices, building approvals and business investment are the indicators of most interest.
Following the Memorial Day public holiday on Monday, the US enters the Northern Hemisphere summer with a tier-1 data deluge. Economic growth, employment and the US Federal Reserve’s preferred measure of inflation, are all released. Chinese manufacturing and services purchasing manager gauges are also issued.

Published by Ryan Felsman, Senior Economist, CommSec