Today's Commentary Euro Zone Falls Short of Expectations March PMIs disappointed, and France again was the culprit. Trade Delivers Latest Blow to U.S. First Quarter GDP growth, now tracking 0.2% at an annual rate, is not an accurate reflection of the economy. Dim Outlook for Japanâs Pension Fund Unfavourable stock and currency movements will crimp consumption further. Economic Briefing: RBI Bats in a Rate Cut Most Asian equity markets declined sharply on Tuesday. View More Analysis Insight on Critical Issues U.S. Chartbook: March Employment Report Unlikely to Move Fed More Americans are confident about job prospects, but the central bank watches shadow slack. Investors Go Back to the Bank U.S. financial services spending is returning to normal. U.S. Weekly Highlights and Preview, April 1, 2016 The job market continues to run hot, even as Q1 GDP heads south. LatAm External Gap Quickly Narrowing Flexible foreign exchange systems have allowed rebalancing. View More Analysis Today's Releases View More Releases Survey of Business Confidence Latest: 31.2 Global business confidence continues to firm after swooning earlier in the year due to the turmoil in global financial markets. Responses to all nine survey questions have taken on a brighter hue in recent weeks. Most encouraging is a rebound in the percentage of respondents saying that business conditions are improving. In a broader historical context, business sentiment is good, and consistent with an economy that is expanding at the high end of its potential. View Full Analysis Reader's Choice The Oil Rebalancing Act U.S. oil production holds the key for oil prices. U.S. Chartbook: Profit Pain The fourth quarter wasn't kind to corporate profits but the economic costs should be small, for now. U.S. Credit Outlook: A Cautionary Tale Both lenders and consumers have been wary to extend and demand credit. Revisiting Residual Seasonality in U.S. GDP The issue hasn't gone away; this quarter is likely being affected. View of Q1 U.S. GDP Continues to Sour Vehicle sales and factory orders lower our growth estimate to 0.6% at an annual rate.
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