Macro Briefing: 27 April 2018

Korea’s leaders agree to formally end war, pursue denuclearization: Bloomberg
Pompeo, newly confirmed as Secretary of State, embarks on foreign trip: Politico
Soft consumer spending expected to weigh on US growth in Q1: Reuters
Solid data for big tech dispels notion of weakness for the industry: Bloomberg
Jobless claims fell last week to lowest since 1969: WSJ
Aircraft lifts US durable goods orders, but otherwise report is mixed: MarketWatch
US business investment slides in first quarter: WSJ
US trade deficit eases in March–first time in 7 months: MarketWatch
Kansas City Fed Mfg Index surges in April: Bond Buyer
ECB leaves policy unchanged after softer euro area economic data in Q1: FT
GDPNow Q1 growth estimates for US holds at 2.0% vs. 2.9% in Q4: Atlanta Fed