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Macro Briefing: 16 May 2018

Summary:
N. Korea cancels talks with Seoul, raising doubts about Trump meeting: Reuters Deadly explosion at California medical facility may be intentional act: CNN IEA cuts outlook for global oil demand in 2018: Bloomberg US retail sales rose 0.3% in April, marking 2nd monthly gain: MarketWatch US homebuilder confidence strengthens in May: MarketWatch NY Fed manufacturing index posts stronger growth in May: 24/7 Wall St No change in US business inventories in March: Reuters Japan’s economy contracts in Q1, first decline in two years: Bloomberg 10-year Treasury yield rises to seven-year high: CNBC

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N. Korea cancels talks with Seoul, raising doubts about Trump meeting: Reuters
Deadly explosion at California medical facility may be intentional act: CNN
IEA cuts outlook for global oil demand in 2018: Bloomberg
US retail sales rose 0.3% in April, marking 2nd monthly gain: MarketWatch
US homebuilder confidence strengthens in May: MarketWatch
NY Fed manufacturing index posts stronger growth in May: 24/7 Wall St
No change in US business inventories in March: Reuters
Japan’s economy contracts in Q1, first decline in two years: Bloomberg
10-year Treasury yield rises to seven-year high: CNBC

Macro Briefing: 16 May 2018

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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