Good:
BOJ and ECB reaffirm that their easy money policies will remain in place. Read here
Home prices post largest annual growth since 2006. Case-Shiller index rose 1.4% in March and surged 10.9% from the same period in 2012. Read here
The Conference Board said US consumer confidence topped estimates and jumped to the highest level since February 2008. Read here
The Dallas Fed Manufacturing production index rose 11.2. Read here
the National Association of Realtors said pending home sales rose by 0.3% in April which was the highest
level in three years. Read here
Consumer Confidence Jumps To Highest Level in Nearly 6-Years Read here
Midwest Business Activity rose to 58.7 from 49 in April and topped estimates for 50 Read here
Bad:
Interest Rate Sensitive areas of the market get hit. Read here
The Richmond Fed Manufacturing Index fell -2 but beat the Street’s estimate Read here
OECD downgrades Global Growth to 3.1% in 2013 from its earlier 3.4% forecast. It also lowered its 2014 forecast to 4% from 4.2% in its latest report Read here
The IMF warned that Chinese growth this year will be 7.75% rather than its earlier forecast of 8.0% Read here
Q1 GDP rose by 2.4% which just missed the 2.5% estimate. Read here
Weekly jobless claims rose by 10k to 354k which was higher than the Street’s estimate for a gain of 340k. Read here
Consumer spending fell -0.2% in April for the first time in nearly a year Read here
Personal income growth was flat, missing the Street’s estimate for a gain of 0.1% Read here
