Greetings,
The United States: The NY Fed’s regional manufacturing index, the first such report of the month, showed a smaller-than-expected contraction.
China: Investors see Beijing’s stimulus boosting growth in the second half.
Canada: The March inflation report came in below expectations.
Equities: A warning from Nvidia sent its stock price tumbling in after-hours trading.
Commodities: ETFs’ gold purchases have accelerated.
Rates: BofA’s private clients continue to rotate out of Treasury bills into notes.
Food for Thought: US estimated undocumented employment by sector as a share of total sector employment:
Edited by Josh Oldmixon
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