Canada: Annualized Q2 growth currently tracking around -0.8% to -1.0% - TDS

Research Team at TDS, suggests that a limited rebound in April activity highlights the ongoing challenges facing the Canadian economy in Q2.

Key Quotes

“A better month for manufacturing and continued momentum in real estate will be partially offset by an off month for retail sales and additional weakness in the energy complex. Annualized Q2 growth is currently tracking around -0.8% to -1.0% with a recovery expected thereafter.”

Yen’s strength appears to have a real demand - BBH

Research Team at BBH, suggests that the Japanese officials may be tempted to intervene, but perhaps the only thing worse than intervention is failed i
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US: Q1 GDP is expected to be revised to 1.0% - BBH

Research Team at BBH, suggests that the Q1 US GDP is expected to be revised to 1.0%, twice the initial estimate, though still disappointing.  Key Quo
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