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Eye on Uncle Sam (cont...) Glass half empty, half full

Premium Analysis

The US Consumer Confidence Index, which had bounced back in

May-07, reversed course in Jun-07 and now stands at 103.9 (1985=100). It follows

a small increase in the US Leading Index in May-07 from Apr-07. The Index is

still at the same level as in Jan-07, and it is 0.3% above its May-06 level.

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