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Big Fish Outlet opens in former Ferris Coffee storefront

A clothing store, specializing in custom shirts and hoodies, has opened on Eighth Street in downtown Holland. ....

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A Criminal Record Shouldn't Be a Life Sentence to Poverty - Center for American Progress

Bipartisan momentum for clean slate and fair chance licensing policies which remove barriers to economic opportunity for people facing the stigma of a criminal record has grown significantly in the states in recent years. ....

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Muted price action despite plethora of GDP and CPI data for Europe

Currencies/Fixed Income
- Slightly higher US yields helped to stabilize the USD but the greenback remained on track to register its fourth straight weekly decline and its longest weekly streak of losses since last July. The USD softness being attributed to Fed Chief Powell s acknowledgment that it needed further evidence of substantial further progress toward recovery to warrant a change to its ultra-loose monetary settings.
- EUR/USD brushed aside various Q1 GDP readings and ignored the prospect of a double-dip recession in the region. Dealers appeared to be looking at recent data reports that suggested an underlying strength and an accelerating recovery for the region. The overall take was that the region lockdown-resilient economy would soon exit recession as businesses and consumers should begin fueling a recovery in 2Q. ....

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Risk appetite aids equities to record heights

4/16/2021 10:02:51 AM GMT
Notes/Observations
- China s Q1 GDP grew at a record pace.
Asia:
- China Q1 GDP data registers record annualized growth (Q/Q: 0.6% v 1.4%e; Y/Y: 18.3% v 18.5%e.
- China Mar Industrial Production Y/Y: 14.1% v 18.0%e.
-China Mar Retail Sales Y/Y: 34.2% v 28.0%e.
-China Mar Surveyed Jobless Rate: 5.3% v 5.4%e.
- South Korea President Moon appoints Kim Boo-kyum as Prime Minister.
Coronavirus:
Europe:
- New Financial think tank Survey: City of London Brexit hit worse than expected. Over 400 financial firms in Britain have shifted activities, staff, and a combined trillion pounds in assets to hubs in the European Union due to Brexit. ....

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Yields remain in focus; UK Jan GDP beats expectations

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u-blox [UBXN.CH] -14% (earnings)
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ECB s Villeroy (France) reiterated stance of no danger at this time of overheating in Europe on growth or inflation. To maintain accommodative monetary policy for as long as necessary. Had no discussion on size of PEPP envelope
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ECB s Vasiliauskas (Lithuania) stated that was difficult to see economy turning a corner before autumn. Turning point for PEPP purchases was when the economy can breathe on its own
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ECB’s Muller (Estonia) reiterated Council view that faster pace of PEPP purchases to be temporary, planned size of program would remain the same ....

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