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US data calendar, including jobless claims, retail sales and PPI, which are all due at 1230GMT.
At 1400GMT, Federal Reserve Chairman Ben Bernanke delivers the semi-annual monetary policy report to the Senate Banking Committee. At the same time, May business inventories are expected to increase 0.9% in May, reflecting the already announced 0.8% increase in factory inventories and the 1.8% increase in wholesale inventories. The weekly EIA Natural Gas Stocks data follows at 1430GMT
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