The European Commission raises euro zone growth forecast for this year to 1.5% from 1.3%. March U. S. Trade Balance balloons to -$51.4 billion vs. -$40 billion consensus. Shanghai stock market falls over 4%. WTI crude has pushed over $60 something that not many experts predicted. 

The Bond yields raised and dollar traded higher. Currently, the market is not measuring deflation and the data from Germany suggests a pickup in the economy. SPX rejected higher levels                                     VIX – lower prices in the VIX,

Tepid U.S. economic growth data pushed indexes lower though losses were pared by the Fed’s statement which suggested it was in no rush to raise interest rates. Treasury yields soared amid a global bond sell-off. The dollar ended lower and gold fell. Oil advanced on indications a supply glut may be starting to ease. 

Stocks ended higher in choppy trading as McDonald’s turnaround plan and Visa’s potential entry into China outweighed a mixed bag of quarterly earnings. Treasury yields climbed on a selloff in German Bunds. The dollar traded slightly higher and gold dropped sharply on strong U.S. housing data. Brent rose, while U.S. oil dipped.