Macro Briefing: 17 April 2018

Trump blocks Russia sanctions announced by his UN ambassador: Politico
Japan’s Abe and Trump will discuss N. Korea on Tuesday: Reuters
US retail sales rose sharply in March after 3 monthly declines: MarketWatch
NY Fed Mfg Index growth eases in April; 6-mo outlook plunges: NY Fed
China’s holdings of US Treasuries increased in February: Reuters
China’s economy grew 6.8% y-o-y in Q1, matching Q4’s pace: RTT
China says it will end foreign ownership caps on car firms by 2022: Reuters
US business inventories rose 0.6% in Feb, in line with expectations: RTT
US home builder sentiment strong but edges down in April: HousingWire
Japanese gov’t maintains moderate growth outlook for economy: MNI
Treasury 10yr/2yr yield curve continues to flatten, easing to 44 basis points: