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UPDATE 1-Colombian central bank hikes rates, cuts GDP growth forecast

BOGOTA, April 29- Colombia's central bank unexpectedly increased the benchmark interest rate by half a percentage point on Friday in an effort to stem rising inflation, and slightly lowered its 2016 growth forecast for the country's oil-dependent economy. Colombia's central bank embarked on a rate tightening cycle eight months ago in a bid to tame inflation,...

Source: Reuters

WRAPUP 1-Canadian GDP slips in February after January growth surge

OTTAWA, April 29- The Canadian economy contracted in February after a strong start to the year, as activity in the manufacturing and natural resource sectors declined, suggesting that low energy prices continue to impede growth. "Even with that pullback in GDP this morning that was expected... with March coming in flat you are still looking at 3 percent GDP," said...

Source: Reuters

Euro zone data deluge: Better-than-expected growth, but we're back in deflation

The euro zone revealed a mixed picture of health on Friday with the economy growing solidly and unemployment falling slightly while consumer prices fell again into deflation territory.

Source: CNBC.com

EU data: GDP up, inflation below forecasts

Danske Bank Markets senior analyst, Pernille Bomholdt Henneberg, looks at the latest data for the euro zone (GDP, inflation, unemployment) for the first quarter, and what this means for the ECB.

Source: CNBC.com

UBS: We like hedge funds more than government bonds

The expected returns of hedge funds have not changed like bond yields have, explains Hartmut Issel from UBS Wealth Management.

Source: CNBC.com

Investor: Just ignore GDP numbers

Fisher Investments' Ken Fisher advises investors to take a long-term view rather than concentrate on U.S. Q1 GDP.

Source: CNBC.com

US Treasury yields dip after strong auction, data

U.S. government debt prices were mixed on Thursday, as investors eyed the release of important data.

Source: CNBC.com

Reaction: US GDP growth falls to 2-year low

Our live blog is tracked market moves as U.S. GDP hits its slowest pace in two years. This as consumer spending softened.

Source: CNBC.com

First quarter weakness & your money

Discussing news the U.S. economy expanded at its slowest pace in 2 years in Q1, with CNBC's Steve Liesman, and Ben Mandel, JPMorgan Global strategist.

Source: CNBC.com

US STOCKS-Wall St opens lower after BOJ rate decision surprise

*Q1 GDP increases 0.5 pct vs est 0.7 pct. April 28- Wall Street opened lower on Thursday after the Bank of Japan stunned markets by holding off from expanding monetary stimulus, showing yet again how vulnerable markets are to central bank decisions. "We would not expect the Bank of Japan's decision to have a sustainable, lasting impact on the U.S., but we do think that it...

Source: Reuters