Initial Guidance | 28 April 2015

● PMI: Strong US service sector growth maintained in April | Markit
● Dallas Fed Index: Texas manufacturing activity weakens again | DMN
● With economy uncertain, no Fed rate hike is seen before fall | AP
● 2% Inflation Target Is Questioned as Fed Policy Panel Prepares to Meet | NY Times
● UK recovery slows sharply in pre-election blow for Cameron | Reuters
● Greek finance minister Yanis Varoufakis replaced as leader of debt talks | Guardian
● Varoufakis sidelined but Greece still in danger | CNBC
● 3 Tough Choices for ECB on Greece | Bloomberg