Japanese machinery surged, a good sign for business spending Chinese housing, a top worry for global investors, lost more momentum Taiwan’s export economy showed signs of gaining strength US consumer debt grew, another sign the great de-leveraging is over Japan’s newly acquired trade deficit narrowed, but its very existence is still a big change China’s manufacturing engine continued to look weak, though less weak than before America’s job market didn’t show major signs of weakening US existing home sales rose for the first time this year And US new home sales rebounded too Mexico struggled to shake off last year’s sluggish growth in the first quarter