Initial Guidance | 26 May 2016

● Markit: US Service Sector Weakened in May; Outlier or Warning? | Barron’s
● US house prices +1.9% in Q1–19th straight quarterly rise | Builder
● US mortgage applications post another tepid gain last week | HW
● Why the global trade slowdown may matter | VoxEU
● Millennials Are Starting to Spend More | Gallup
● Foxconn replaces 60,000 humans with robots in China | MarketWatch
● Oil Tops $50: first time in 6 Months as US supply drops | Bloomberg