(Headline) deflation returned to the US, though core prices are holding steady. UK home prices started climbing faster last month. Japan’s economic growth ticked higher in the first quarter. US homebuilders are building more houses… …and more Americans are trying to buy them. Retail sales have been rough in Switzerland since its central bank de-pegged the franc from the euro. South Africa retail sales are stuck in a rut of ho-hum growth. Brazilian unemployment hasn’t been this high since 2011. US crude oil stockpiles began shrinking as production waned—and as refiners started gearing up for summer. The euro zone’s trade surplus shrank a little last month.