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UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

Bloomberg Daybreak: Europe Edition

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The US Economy Grows by 4.5% in the First Quarter

China's economy grew by 4.5% in the first quarter from a year earlier, the fastest pace in a year. Morgan Stanley chief China economist Robin Zheng believes there is more to come from world's second largest economy. In the United States, money is being moved out of bank accounts at a pace not seen since the 2008 financial crisis. Goldman Sachs is teaming up with Apple to grab a bigger slice of the deposit pie.

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