Initial Guidance | 23 May 2016

● US existing home sales rise 1.7% in April | MarketWatch
● Fed’s Rosengren tells FT: US ‘on the verge’ of meriting June rate hike | Reuters
● Euro-Area Growth Seen Slowing via PMI survey | Bloomberg
● Brexit ‘would spark year-long recession’, UK Treasury warns | BBC
● Bookmaker odds suggest UK will remain in EU | OCA
● Japan’s economy remains on a “moderate recovery” track | MNI