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Happy New Month to all! Last Friday ended February dropping a fraction in higher volume --a sign of institutional selling-- but today's futures are upbeat seeing metals +0.11% and stock indexes +0.09%. The BEA and BLS are hitting the ground running today with--

Personal Income
Personal Spending
PCE Prices - Core
ISM Index
Construction Spending

--while the news media are giving us--

Europe shares hold at seven-year highs, China rate cut lifts Asia Reuters - 9 hours ago LONDON (Reuters) - European shares clung to seven-year highs on Monday, lifted by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend.
Dollar near 11-yr high after Chinese rate cut CNBC
Insight - Near Fed majority backs June liftoff Yellen hasn't yet endorsed Reuters - 7 hours ago The United States Federal Reserve Board building is shown behind security barriers in Washington October 28, 2014. Credit: Reuters/Gary Cameron.

Oil falls more than 1% on strong dollar, CNBC - 7:23am Oil dropped more than 1 percent on Monday, with Brent slipping below $62 a barrel, depressed by a stronger dollar and a rise in Libya's crude output.
Fed's Fischer sees high probability of rate hike in 2015 The world's most spectacular stock exchanges