Initial Guidance | 2 May 2016

● US Personal Income Rises Slightly More Than Expected In Mar | RTT
● US consumer spending growth slows in Mar despite higher income | LA Times
● Consumer sentiment for US edges lower in Apr | CNBC
● US labor costs rise modestly in first quarter | Reuters
● Chicago PMI falls to 50.4 in April, close to stagnation | MarketWatch
● PMI: Eurozone mfg growth is lacklustre in Apr; French downturn deepens | Markit
● China Mfg PMI unexpectedly slips in Apr as stimulus fades | MarketWatch
● Listen Carefully for Hints of the Next Global Recession | NY Times