Business

• Trump, Clinton press closer to general election showdown (AP)
• Acela primaries: Winners, losers (Hill)
• Trump Says He's `Presumptive Nominee' as Clinton Wins Four (BBG)
• In the battle for Hollywood endorsements - and cash - Clinton rules (Reuters)
• U.S. Oil Rises Above $45 a Barrel for First Time Since November (BBG)
• Spin: Near-Zero Growth Happens Often in Slow-Motion U.S. Economy (BBG)
• Comcast in Discussions to Buy DreamWorks Animation (WSJ)
• Iran's Supreme Leader says U.S. lifted sanctions only on paper (Reuters)

The tide has finally turned on what until recently was every sellside analyst's favorite stock.

For those who thought that the world's biggest company losing over $40 billion in market cap in an instant on disappointing Apple earnings, would have been sufficient to put a dent in US equity futures, we have some disappointing news: with just over 7 hours until the FOMC reveals its April statement, futures are practically unchanged, even though the Nasdaq appears set for an early bruising in the aftermath of what is becoming a disturbing quarter for tech companies. "It’s pretty disappointing,” Angus Nicholson, an analyst at IG Ltd., told Bloomberg.

Keith Neumeyer: Silver, More Rare Than the Market Understands

Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)

Despite surging commodity prices in China - which must be real and represent demand growth and price increases, right? - Aussie core inflation slowed to the weakest on record as headline prices unexpectedly fell last quarter (CPI -0.2%). RBA Rate-cut odds tripled instantly sending AUD down over 1.2% (its biggest drop in 2 months). Perhaps, just perhaps, that collossal credit injection in Q1 via China did not make it into the AsiaPac economy after all and merely fueled a speculative frenzy in commodities that merely "looks" like a recovery?