Americas US retail sales are improving after a winter chill The country’s small businesses are feeling more optimistic (especially on wages) US job openings are at the highest monthly level on record Brazilian prices are rising at the fastest pace since 2003 Asia Japanese first-quarter GDP was far better than initially thought Chinese trade continues its slump South Korea cut interest rates to a new record low Indian industrial production is perking up Europe Germany continues running a huge trade surplus Greece just hit its 27th consecutive month of deflation