Soft April PMIs Suggest Global Interest Rates to Stay Lower for Longer

Market sentiment was a bit "risk-off" as the week starts, affected by disappointment in US and European macroeconomic data and cautions ahead of the upcoming FOMC and BOJ meetings. Wall Street ended Monday lower with DJIA and S&P 500 indices slipping -0.15% and -0.18% respectively with energy and financial sectors the weakest performers. In commodities, energy prices retreated, paring gains made from the rally over the past weeks.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/soft-april-pmis-suggest-global-interest-rates-to-stay-lower-for-longer-2016042632777/