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Macro Briefing: 30 April 2021

Summary:
* Economists expect strong acceleration in US jobs creation for April* Eurozone economy contracted in first quarter* Slower growth for China’s mfg and services sectors in April via PMI data* Rare and perhaps fleeting bipartisan vote as Senate passes water bill* Pending US home sales rose less than forecast amid tight supply* US jobless claims continued falling, dropping to new pandemic low last week* US GDP growth accelerated in Q1 to strong +6.4%:

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* Economists expect strong acceleration in US jobs creation for April
* Eurozone economy contracted in first quarter
* Slower growth for China’s mfg and services sectors in April via PMI data
* Rare and perhaps fleeting bipartisan vote as Senate passes water bill
* Pending US home sales rose less than forecast amid tight supply
* US jobless claims continued falling, dropping to new pandemic low last week
* US GDP growth accelerated in Q1 to strong +6.4%:

Macro Briefing: 30 April 2021

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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