Quick Overview

• U.S. Personal incomes rose 0.7% in March and consumer spending was up 0.3% -- less than expected.
  

• The core personal consumption expenditure price index rose 2.1% YoY.
  

• The Chicago purchasing managers' index fell from 61.7 to 52.9 in April, weaker than expected.
  

• U.S. Construction spending was at an annual rate of $1.1878 billion in March, up slightly from February's pace. YoY construction spending is down 2.4%.
  

• Canada's real GDP was up 0.4% in February and up 2.1% YoY, more than expected.
  

• YoY consumer prices in the Euro area rose 1.8% in April.
  

• Germany's retail sales fell 0.7% in March, more than expected.
  

• China raised the reserve requirement from 10.5% to 11.0%.
  

• Zuericher Kantonalbank, will launch ETFs for platinum, palladium and silver on May 10.
  

• Mineworkers in Peru went on strike demanding higher pay. (Copper)