Overnight Markets and News

The dollar index (DXY00 +0.02%) is up +0.04%. EUR/USD (^EURUSD -0.03%) is down -0.03%. USD/JPY (^USDJPY -0.03%) is down -0.03%.

Jun 10-year T-note prices (ZNM18 -0-015) are down -2 ticks.

The German Apr ZEW survey expectations of economic growth fell -13.3 to a 5-1/3 year low of -8.2, weaker than expectations of -6.1 to -1.0.

China Q1 GDP rose +6.8% y/y, right on expectations.

China Mar industrial production rose +6.0% y/y, weaker than expectations of +6.3% y/y and the slowest pace of increase in 7 months.