US GDP growth in the second quarter is on track to accelerate, based on the median estimate of several forecasts compiled by The Capital Spectator. If accurate, economic output is set to strengthen to a real 3.6% increase (seasonally adjusted annual rate) in Q2, a solid improvement over the subdued 2.3% increase reported for Q1.
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Deadly clashes at Gaza border as US opens embassy in Jerusalem: NY Times
US lawmakers stunned by Trump’s decision to help Chinese company: The Hill
Fed officials have mixed views on flattening yield curve: Bloomberg
German GDP growth in Q1 slows to 0.3% from 0.6% in previous quarter: RTT
China’s economic data for April points to slower growth: Reuters
Turkey’s president plans to tighten grip on economy: Bloomberg
Rising oil futures vs physical markets sending conflicting signals: Reuters
MSCI to add 234 mainland Chinese firms to its emerging markets index: CNBC
Policy sensitive 2-year Treasury yield reaches 2.55%–highest since 2008: CNBC