Initial Guidance | 1 April 2015

● March consumer confidence rises sharply: Conference Board | CNBC
● US home prices rise 4.6% On Year Through Jan: S&P Case-Shiller Index | Reuters
● US March Store Sales +1.2% vs Feb Through Mar 28 Week: Redbook Index | MNI
● PMI: Euro-Area Mfg Growth Revised Higher on German Boost | Bloomberg
● PMI: China’s Factories Gain in March, But Still Weak | WSJ
● UK Factory Growth At 8-month High | RTT
● Why are interest rates so low, part 2: Secular stagnation | Ben Bernanke