(1) Crosscurrents in the spring. (2) Europeans carrying on despite recurring terror attacks. (3) EMU revenues and earnings remain depressed. (4) Eurozone’s production data still mixed, but retail sales and car registrations are looking good. (5) Minor uptick in Germany’s Ifo. (6) Japan goes negative in more ways than one. (7) Brazil is imploding. (8) US regional surveys looking up. (9) Supply and the dollar driving commodity prices more than demand. (10) Oil price outlook debatable, though fundamentals still look mostly bearish.
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