Initial Guidance | 20 April 2016

● US housing data adds to signs of weak Q1 GDP growth | Reuters
● GDPnow estimate for US growth in Q1 unchanged at +0.3 | Atlanta Fed
● NY Fed nowcast of Q1 GDP growth for US: +0.8% | NY Fed
● Redbook: US retail sales +0.8% mtd vs. year-ago level | MNI
● US Economic Confidence Index Stable at -12 | Gallup
● Worldwide Oil Production Outages Bump Up Oil Prices | Oilprice.com