International Market Updates

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The U.S. economy contracted in the first quarter by the most since the depths of the last recession as consumer spending cooled. The U.S. current .....

Executive Summary


  • The U.S. economy contracted in the first quarter by the most since the depths of the last recession as consumer spending cooled. The U.S. current account deficit increased to its widest point in 1.5 years in the first quarter.

  • The Eurozone’s industrial output bounced back in April. It is a solid indication of accelerated growth for the second quarter.

  • Recovery signs began to appear in Spain as well.

  • The UK’s remarkable employment growth continued its acceleration.

  • Japan’s government proposed gradually lowering the country’s corporate-tax rate.

  • China announced similarly favorable economic figures this month as well.

  • India’s new government offered a confidence boosting announcement ahead of its first budget meeting.

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International Market Updates

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