US GDP missed expectations

*  US GDP Data (Q1 A):

• GDP – Annualized Q/Q +0.2% versus +1.0% expected, previous +2.2%
• Personal Consumption +1.9% versus +1.7% expected, previous +4.4%
• GDP Price Index -0.1% versus +0.5% expected, previous +0.1%
• Core PCE Q/Q +0.9% versus +1.0% expected, previous +1.1%+5.1% expected, previous +12.0% revised +12.5%

*  US EIA Weekly Oil Inventories:

• Crude +1.91 Mln versus +3.30 Mln expected, previous +5.32 Mln
• Cushing -0.51 Mln versus +0.40 Mln expected, previous +0.74 Mln – First fall since November.
• US crude futures settle at $58.58 (+$1.52)