Initial Guidance | 4 May 2015

● US Automakers Report Higher Sales In April | RTT
● US ISM manufacturing index flat in April but hiring turns negative | MarketWatch
● Consumer Sentiment in U.S. Rises to Second-Highest Since 2007 | Bloomberg
● US construction spending hits six-month low in March | Reuters
● Eurozone sentiment deteriorates slightly in May: Sentix | Reuters
● Eurozone manufacturing expansion continues in April: PMI | Markit
● China’s mfg. operating conditions deteriorate at strongest rate in a year | Markit
● Germany’s April mfg. output and new orders rise at weaker rates: PMI | Markit
● French mfg. sector remains stuck in contraction during April: PMI | Markit
● PMI shows Italy’s manufacturing sector growing at fastest pace for a year | Markit
● Spain’s manufacturing new order growth accelerates | Markit