U.S. stock markets continued their upward surge begun in mid-February, bringing large-cap stocks into positive territory.

Emerging market stocks soared as central bankers pledged to continue easy-money policies. Brazilian stocks raced upward following the arrest of a former president. Brazil remained mired in a recession and political scandal emanating from bribery allegations involving Petrobras.
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In this issue:

• Eurozone Growth and Spending
• Commodity Prices Rebound
• ECB Balance Sheet
• Market Returns as of March 31, 2016