Quick Overview

• The Mortgage Bankers Association's index of mortgage applications fell 11% last week.
  

• Agriculture’s rise on rumors China will soon allow the Yuan to go up.
  

• GDP in the EU rose 0 .1% in Q4 and fell 2.3% YoY
  

• Services in the U.K. fell from 58.4 to 56.5 in March
  

• The U.S. Energy Department said:
  Supplies of crude oil rose 2.0 million barrels last week to 356.2 million barrels.
  Supplies of gasoline fell 2.5 million barrels
  Supplies of heating oil rose 600,000 barrels.
  Refinery use rose from 82.6% to 84.5% of capacity.
  Gasoline demand rose 1.7% YoY
  Distillate demand fell 0.2% YoY