Macro Briefing: 16 May 2018

N. Korea cancels talks with Seoul, raising doubts about Trump meeting: Reuters
Deadly explosion at California medical facility may be intentional act: CNN
IEA cuts outlook for global oil demand in 2018: Bloomberg
US retail sales rose 0.3% in April, marking 2nd monthly gain: MarketWatch
US homebuilder confidence strengthens in May: MarketWatch
NY Fed manufacturing index posts stronger growth in May: 24/7 Wall St
No change in US business inventories in March: Reuters
Japan’s economy contracts in Q1, first decline in two years: Bloomberg
10-year Treasury yield rises to seven-year high: CNBC