A measuring stick for the shutdown's shock

A true read on the health of the US economy is unlikely before well into the new year, with the market prepared to discount most of the data set for release this week.

Global markets will have a dump of US data this week. There will be the usual run of scheduled economic news plus there will be the clearance of part of the backlog from the government shutdown over the past few weeks.  

The data will give a good guide to the momentum of the economy before it was impacted by the government shutdown and the economically damaging Republican threats over the US debt ceiling.

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