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2013.04.0104:49:00UTC+00Research: US Economy may Face Headwinds in the Coming Months

Quotes from Barclays Capital:

-Headlines on Cyprus continued to drive markets last week and European currencies came under pressure, with the EUR the worst performer in G10 space.

-US data were mixed, with solid cyclical activity data taking our Q1 GDP tracking estimate higher to 2.6%, but more forward-looking indicators such as consumer confidence have declined sharply, suggesting that the US economy may face headwinds from tax increases and fiscal uncertainty over the coming months.

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