IMF: German growth to remain moderate in 2016

International Monetary Fund (IMF) with their review of the German economy:

Housing bubble concern seems premature

Current account surplus projected to stay near record levels this year

Urges Germany to remove bottlenecks to public investment

German banks need to adjust to prolonged low rates

Some German lenders remain highly leveraged

May 9, 2016

US: Retail sales likely lifted by stronger auto sales and higher gasoline prices - BBH

Research Team at BBH, suggests that the US April retail sales are expected to have been lifted by stronger auto sales and higher gasoline prices.

Saudi Arabia: Looking to keep oil output near record levels - Investec

Research Team at Investec, suggests that the OPEC giant Saudi Arabia's new oil boss is reported to be looking to keep oil output near record levels to stunt the growth of the Shale industry, a continuation of current Saudi policy.