Low prints at Y93.96, US name a seller, clearing decent bidsat Y94.00. More bids appear on the machine at Y93.95.

Gamestop Corp New
The video game retailer’s first-quarter net income rose 13% to $70.4M, or 42 cents a share, from $62.1M, or 37 cents a share in the year-ago period; it also lowered its second-quarter earnings outlook.

Huntington Bancshares Inc
The regional bank plans to sell $350M in new common stock as part of a plan to increase common equity capital by roughly $675M. About $75M will come from an offer to exchange cash for three series of Huntington trust preferred securities.

MF Global Ltd
The New York-based derivatives trading firm’s fourth-quarter net loss widened to $111.7M, or 98 cents a share, from a loss of $83.1M, or 69 cents a share in the year-ago period. Adjusted loss fell to 5 cents a share from net income of 39 cents a share. Analysts had expected earnings of 7 cents a share.

AstraZeneca PLC
The pharmaceutical giant said that the U.S. District Court for the District of New Jersey granted its request for an injunction barring Apotex from launching a generic version of AstraZeneca's Pulmicourt Respules in the U.S. No trial date for the patent litigation has been set.

Spot gold holds at $944.40/oz, after trading in a $936.00/$944.40 (new high in US action) range. The precious metal has been making higher highs in recent sessions, with an eye now on the March 26 peak at $944.95. "While the metal is likely to run into further scaled-up resistance the fact equity markets appear to have stalled and inflation fears are on the increase should give gold increased upwards momentum while a break of chart resistance around $946 could see the metal push to the March high of $967.30," says James Moore, precious metals analystat TheBullionDesk.

Stops were flushed on the break above $1.3855, a trader confirms. Chatter of offers now $1.3880/00 but being eroded with high prints near $1.3885.

The dollar declined to near the lowest level against the euro since January as an increase in Treasury yields and gold prices indicated inflation may accelerate. The spread between yields on 10-year notes and Treasury Inflation Protected Securities, reflecting the outlook among traders for consumer prices, reached 1.73 percentage points, the highest level since September. “The general move is dollar-negative,” said Shaun Osborne, chief currency strategist at TD Securities Inc. in Toronto. “Inflation is becoming more of a concern. Gold is doing well.”
Powerful move higher brings cable to $1.5880 area, amtching the Nov 10 high at $1.5882 as the dollar takes a beating across the board. MNI Techs suggest resistance at $1.5920, 76.4% retracement of pullback from $1.6670.

Oil fell more than a dollar to below $61 a barrel on Thursday, after hitting a six-month high in the previous session on expectations of a rebound in the world economy.Oil has nearly doubled since December, despite weak demand and high fuel inventories. Prices have risen by about a third in the past four weeks.A rally in equity markets has partly inspired oil's gains in anticipation of a recovery in world economic growth and oil consumption."We have become more confident that global activity is nearing the turning point," Citi oil analysts said in a research note. "Nevertheless, we still expect that the pace of global recovery will be subdued," it said. "The widespread global plunge in activity and credit availability remains a drag on global trade."
U.S. crude for July delivery was down at $60.63 had settled at $62.04 a barrel, before trading up to a six-month high of $62.26 in post-settlement activity.

Stocks fell sharply Thursday as investors responded to mixed economic news and Standard & Poor's downgraded its credit outlook for the United Kingdom.
S&P said it lowered its outlook for the U.K. to "negative" from "stable." The ratings agency said its revision was based on the possibility that the country's debt burden could reach 100% of its gross domestic product, despite the U.K. government's "further fiscal tightening."
Investors also took in fresh readings on the U.S. job market, manufacturing activity and leading economic indicators.
Stocks finished Wednesday's session lower after the Federal Reserve issued a gloomy forecast for the economy.
The Labor Department reported that initial jobless claims declined by 12,000 in the week ending May 16.
The number of people filing for first-time jobless benefits totaled 631,000 last week, slightly more than expected. But those filing claims on an ongoing basis rose to 6.6 million, an all-time high.
Separately, the Conference Board's reading of leading economic indicators, which predicts economic conditions six to nine months in the future, rose 1% in April -- slightly better than the 0.8% analysts' expected.
The Federal Reserve Bank of Philadelphia said its index of manufacturing activity in the mid-Atlantic region improved to negative 22.6 in May from negative 24.4 in April. Economists surveyed by Briefing.com had expected the index to improve to negative 18.
Treasury prices rose, lowering the yield on the benchmark 10-year note to 3.17% from 3.19% Wednesday. Treasury prices and yields move in opposite directions.
Oil slipped from its Wednesday high, but still continued to trade above $60 a barrel. The price of oil dropped $1.95 a barrel to $60.09
COMEX gold for June delivery rose $2.20 to $939.60 an ounce.

Pushes to fresh highs for the day near Y95.15 area now with likelihood that some close by stops were flushed as the overnight high at Y95.08 was cleared. Supply earlier said to extend to Y95.15, so likely mostly absorbed, stops in place above Y95.30.

Economists at Nomura say the -22.4 Philly number had a few bright spots: "Most importantly, the components were clearly stronger than headline index: our ISM-weighted composite index rose to 37.9 during the month from 33.3 previously."

European equity bourses are set to close lower Thursday, with the FTSE-100 underperforming following the S&P downgrade. Energy stocks are weaker, with Total SA (FP) in Paris, and BP (BP.) in London leading losses. Mining stocks are also weighing on the blue-chip indices, particularly in London, where Rio Tinto (RIO) and BHP Billiton (BLT) are hitting hardest. Volkswagen (VOW) has strengthened in Frankfurt, now up around +2.0% and adding over 4pts to the DAX.
FTSE -138.74 (-3.10%) at 4,329.67, CAC -94.42 (-2.86%) at 3,208.95, Dax -159.39 (-3.16%) at 4,879.55

Financial stocks are holding up better than the other sectors against this session's selling effort, though the sector is now down 0.9%. Losses in the other sectors ranges from 1.1% (consumer staples) to 3.5% (energy).

Prices paid -22.8, new orders -25.9 vs -24.3, employment -26.8 vs -44.9. Overall's -22.6 is highest since Sept but still indicates decline.

Leading indicators (Apr) 1.0%
Philadelphia Fed index (May) -22.6

EUR/USD: $1.3700, $1.3650
USD/JPY: Y94.75, Y95.75, Y96.25
EUR/GBP: stg0.8725, stg0.8750

S&P futures -12.80, Nasdaq futures -14.50.
Banks continue coming to market with equity offerings amid ongoing concern about capital levels in the face of tenuous economic conditions, which have led to a record high 6.66 million continuing jobless claims. Moreover, unease related to global economic conditions led Standard & Poor's to lower the United Kingdom's debt rating, which has pressured the U.K.'s stocks and currency. Following the prior session's weak close, the headlines have led participants to bid stocks lower ahead of the opening bell.
Stock futures have made a slight pullback in the wake of the latest jobless claims data. Initial jobless claims for the week ending May 16 totaled 631,000, which is above the 625,000 claims that were expected. The latest sum of initial claims marked a decrease of 12,000 from the previous week's upwardly revised 643,000 initial claims. Meanwhile, continuing claims keep climbing to record highs. Most recently, continuing claims reached 6.66 million, up from 6.59 million the week before, and more than the 6.65 million that was expected.

HFE economist Ian Shepherdson says 631k jobless claims are still high. If the recent hike was due to autos, the small dip "begs the question of why claims did not fall further, given that last week's jump was 38K. The uncomfortable suggestion must be that the underlying pace of claims is not slowing" - the pace of layoffs is not dropping sharply.

Data released
*******************************************
07:00 France PMI (May) flash 43.1 41.0 40.1
07:00 France PMI services (May) flash 47.6 46.8 46.5
07:30 Germany PMI (May) flash 39.1 37.0 35.4
07:30 Germany PMI services (May) flash 46.0 44.2 43.8
08:00 EU(16) PMI (May) flash 40.5 38.3 36.8
08:00 EU(16) PMI services (May) flash 44.7 44.5 43.8
08:30 UK Retail sales (April) 0.9% 0.5% 1.1 (0.3)%
08:30 UK Retail sales (April) Y/Y 2.6% 2.4% 1.5%
08:30 UK M4 money supply (April) provisional 0.1% - 0.2%
08:30 UK M4 money supply (April) provisional Y/Y 17.4% - 17.8%
08:30 UK PSNCR (April), bln 5.2 2.5 28.4

The pound dropped against every major currency after Standard and Poor’s signaled Britain may lose its top credit rating for the first time as the government’s finances deteriorate amid the economic slump.
The U.K. currency had its biggest decline in a week versus the dollar and dropped the most in two weeks against the euro after S&P lowered the outlook on the U.K.’s AAA rating to “negative” from “stable.”
The dollar traded near an two- month low against the yen amid speculation the U.S. Federal Reserve will print more cash to boost purchases of assets to counter the global slump.
The euro rose to a four-month high against the dollar after a European manufacturing and services survey beat economists’ forecasts.
Britain would become the fifth western European Union nation to lose its rating because of the economic slump, following Ireland, Greece, Portugal and Spain. The U.K. plans to sell a record 220 billion pounds of bonds in the fiscal year through March 2010 as the recession cuts revenue and forces the government to raise spending.
The U.K.’s budget deficit this year will reach 175 billion pounds, or 12.4 percent of gross domestic product, Chancellor of the Exchequer Alistair Darling said on April 22.
The British economy, the second-largest in Europe, shrank 1.95 in the first quarter, the biggest contraction since 1979, when Margaret Thatcher became Prime Minister.

EUR/USD opened in early Europe around $1.3771. Euro-dollar initially consolidated under the Asian highs, before a quick move to take out stops through $1.3810. Subsequent S&P revision to the UK outlook knocked cable down, with euro-dollar in turn slipping 100-points to $1.3737. Later rate recovered to the $1.3800 area.

EUR/USD: $1.3700, $1.3650
USD/JPY: Y94.75, Y95.75, Y96.25
EUR/GBP: stg0.8725, stg0.8750

European equity bourses are continuing to trade lower, with the FTSE-100 underperforming. Energy stocks are generally underperforming, weakened as crude prices slip - with Total SA (FP) and BP (BP) weighing heaviest. Mining stocks are also weak, including BHP Billiton (BLT) and Rio Tinto (RIO). The FTSE-100 is currently down 98pts (+2.2%), CAC-40 down 52pts (-1.6%), and Xetra-DAX down 82pts (-1.6%).

Sterling tumbled on Thursday after the outlook for the UK economy was thrown into doubt when the country’s sovereign debt ratings were revised from stable to negative by Standard & Poor’s.
Sterling fell 1.2% against the dollar and 1.4% against the euro at one point before recovering.
Paul Mackel, director of currency strategy at HSBC, said the “the knee jerk reaction is bad for sterling”, but could place pressure on the government to improve public finances more quickly.
UK shares and bonds also recovered after falling sharply on the S&P announcement.
Shares dropped nearly 3% after opening weakly following the Federal Reserves minutes from its policy meeting last month published on Wednesday, which saw it reduce its outlook for growth over the next few years.
The euro strengthened 0.2% against the dollar following better-than-expected eurzone purchasing managers’ indices, which was the highest for eight months.

Resistance 3:Y96.70
Resistance 2: Y96.20
Resistance 1: Y95.20
Current price: Y95.02
Support 1: Y94.30
Support 2: Y93.50
Support 3: Y92.50
COMMENTS: Support remains around Y94.30 (50% Y87.06 - Y101.44). Break lower to target Y93.50 (March base), ahead of Y92.50 ( 61.8% Y87.06 - Y101.44, February 20 low). Minor resistance Y95.00/20 -hourly peaks and 50% of yesterday’s decline. Stronger level eyed at Y96.20 (May 20 low), ahead of Y96.70 (May 13, 19 peaks).

Resistance 3:Chf1.1260
Resistance 2:Chf1.1170
Resistance 1:Chf1.1030
Current price: Chf 1.0998
Support 1:Chf1.0960
Support 2:Chf1.0900
Support 3: Chf1.0860
СOMMENTS: Dollar remains under pressure. Support comes at session lows on Chf1.0960, ahead of daily Bollinger base Chf1.0900. Stronger support is near January 7-8 low Chf1.0860, and channel line from Apr 22 currently at Chf1.0820. Minor resistance eyed around Chf1.1030, ahead of Chf1.1160/80 ( May 19 high/channel resistance). Stronger one lies at Chf1.1260 (May 18 peak).

Resistance 3:$1.5800
Resistance 2:$1.5740
Resistance 1:$1.5660
Current price: $1.5656
Support 1: $1.5510
Support 2: $1.5450
Support 3: $1.5260
COMMENTS: Cable recovered after its sell-off amid S&P’ UK economy downgrade report. Support comes at session low on $1.5510, then – at $1.5450. Stronger level is at channel support line from Apr 28 at $1.5260. Strong resistance is at $1.5660 (50% of today’s decline). Above the recovery may extend to $1.5740 and then – to the key resistance near $1.5800/10 (recent highs).

Resistance 3: $1.3950
Resistance 2: $1.3900
Resistance 1: $1.3850
Current price: $1.3797
Support 1: $1.3720
Support 2: $1.3670
Support 3: $1.3480
COMMENTS: Rate still holds within the narrow range with the techs hasn’t changed at all. Resistance comes at $1.3850/55 (61.8% $1.4720-1.2457/daily Bollinger top/channel resistance). Push above to target late December peaks near $1.3900, ahead of $1.3940/60 (61.8% proj. $1.2885-1.3720 from $1.3420/ January 5 high), before yield correction. Support comes around $1.3740/20, ahead of May 19 top $1.3670, $1.3580 ( May 20 low), and $1.3480 (channel support and 21-DМА).

USD/JPY printed lows below Y94.40, but failed to break under Asian base at Y94.28. Significant barrier interest still noted into Y94.00. Offers back around Y94.90/95.15 with stops above.

EUR/USD slowly easing lower, tracking cable slippage. Euro-dollar eases to $1.3741, with demand noted ahead of this level with stops noted below. Rate currently trades around $1.3789.

GBP/USD extends S&P react losses to $1.5512, currently holding a bit above – near $1.5558. Rate broke under support at $1.5605/1.5590. Resistance now comes at $1.5575/80.

EUR/USD
Offers: $1.3820, $1.3850
Bids: $1.3760/50, $1.3730

GBP/USD
Offers: $1.5820, $1.5830/35, $1.5850
Bids: $1.5750, $1.5730, $1.5710/00

USD/JPY
Offers: Y95.00/15
Bids: Y94.00

AUS/USD
Offers: $0.7810/20

EUR/GBP
Offers: stg0.8850/55, stg0.8880

EUR/USD: $1.3700, $1.3650
USD/JPY: Y94.75, Y95.75, Y96.25

The yen rose to an eight-week high against the dollar after the U.S. Federal Reserve projected a deeper recession, boosting demand for the Japanese currency as a refuge from the global slump.
The dollar fell for a third day versus Japan’s currency after minutes of the Fed’s April meeting released yesterday showed policy makers may buy more assets to spur a revival in the world’s largest economy.
The central bank projected a fourth-quarter U.S. contraction of 1.3% to 2% from a year earlier, according to the minutes. That compares with January projections for a contraction of 0.5% to 1.3%.
Former Fed Chairman Alan Greenspan signaled the financial crisis isn’t over, warning that U.S. banks need to raise “large” amounts of money. “We’re on the edge and if this thing doesn’t get resolved quickly I’m worried,” Greenspan said yesterday before a meeting with House of Representatives members.

EUR/USD held within the $1.3760/$1.3805 range.

Majors close
Nikkei +54.35 (+0.6%) 9344.64
Topix +6.54 (+0.7%) 886.30
FTSE -13.84 (-0.31%) 4468.41
DAX +79.32 (+1.60%) 5038.94
CAC +28.41 (+0.87%) 3303.37
Dow -52.81 (-0.62%) 8422.04
NASDAQ -6.70 (-0.39%) 1727.84
S&P -4.66 (-0.51%) 903.47
NYMEX Crude Oil +0.62 (+1.05%) $59.65

Japanese stocks rose as domestic production figures pointed to a bottoming of the economy and resource companies gained on oil and shipping fees.
Mitsubishi Corp. jumped 5% as Goldman, Sachs & Co. recommended the stock. Kawasaki Kisen Kaisha Ltd. added 4.7% as commodity shipping fees advanced for a 13th session. T&D Holdings, the nation’s biggest listed life insurer, plunged 15% .
Japan’s gross domestic product shrank an annualized 15.2% in the three months to March 31, the Cabinet Office said. Economists had estimated a 16.1% contraction.
T&D plummeted 15%, driving insurance companies to the biggest decline among Topix groups. The insurer posted an 89.1 billion yen ($932 million) loss for the year ended March 31, wider than its 84 billion yen deficit projection. Nomura Holdings Inc. slashed its rating on the stock to “reduce” from “buy.”
Sony Financial Holdings Inc., which operates insurance subsidiaries, lost 7.6%. Tokio Marine Holdings Inc., Japan’s biggest casualty insurer, lost 2.6%.
The Nikkei had surged by almost a third from a 26-year low on March 10 amid optimism government spending, including stimulus packages in Japan and China worth a combined $747 billion, will revive economic growth. Stocks on the Nikkei trade at 1.27 times average book value, compared with 3.04 times for China’s CSI 300 Index, according to data.

European stocks advanced for a fifth day, extending a four-month high for the Dow Jones Stoxx 600 Index, as oil and chemical producers rallied and JPMorgan Chase & Co. recommended airline stocks.
Royal Dutch Shell Plc climbed 1.5% as crude traded above $61 a barrel. K+S AG rose 6.7% as HSBC Holdings Plc advised clients to buy the shares. Air France-KLM Group jumped 11% after Europe’s biggest carrier reported a narrower- than-estimated loss and JPMorgan said the European airline industry is “particularly attractive.”
British Airways, Europe’s third-biggest airline, added 1.9%. Lufthansa gained 3.9%.
AND International Publishers Plc soared 14%. The mapmaker said profit more than tripled and sales more than doubled in the first four months of this year. The company expects earnings per share to rise about 2 euros this year, compared with 41 cents in 2008.
Eriks NV rallied 17%. The largest Dutch maker of machinery-sealing rings said SHV Holdings NV agreed to buy the company for 518.4 million euros.

Stocks finished lower Wednesday, erasing earlier gains, as the Federal Reserve's dour economic outlook outweighed optimism about the health of U.S. banks.

Data released
06:00 Germany PPI (April) -1.4% 0.0% -0.7%
06:00 Germany PPI (April) Y/Y -2.7% -1.3% -0.5%
08:30 UK BoE meeting minutes (06-07.05)
10:00 UK CBI industrial order books balance (May) -56% - -57%
10:00 UK CBI industrial output balance (May) -17% -45% -32%
11:00 Canada CPI (April) -0.1% 0.2% 0.2%
11:00 Canada CPI (April) Y/Y 0.4% 0.6% 1.2%
11:00 Canada CPI excluding food and energy (April) 0.1% 0.1% 0.3%
11:00 Canada CPI excluding food and energy (April) Y/Y 1.8% - 1.4%
18:00 USA FOMC meeting minutes (28-29.04)
23:50 Japan Tertiary activity index (March) -1.5% -0.8%

The dollar declined to the lowest level versus the euro since January as falling currency and stock volatility spurred speculation investors will seek higher- yielding assets.
The U.S. currency’s decline accelerated after weakening beyond the level where it traded in March after the Federal Reserve announced its plan to buy up to $300 billion in Treasuries. New Zealand’s and Canada’s dollars gained versus the U.S. currency as crude oil prices rose above $60 a barrel, encouraging demand for currencies of commodity producers.
Sterling advanced as much as 1.2 percent to $1.5656, the highest level since Dec. 17, as lower Libor rates signaled credit markets are thawing.

EUR/USD was supported near $1.3580 before it rise to $1.3830. After some retreat, the rate settled at $1.3770.
GBP/USD gained from $1.5450 to $1.5800 before declined to $1.5740.
USD/JPY was under pressure, slipping from Y96.20 to Y94.70.

In Europe attention will be on manuf. and service PMI indexes of the main EU countries, beginning from France at 07:00 GMT.
UK Retail sales data is due to come at 08:30 GMT.
US Labor Department will issue its traditional Jobless claims report at 12:30 GMT. Later, at 14:00 GMT, Philly Fed’s index will be released.

Japan's benchmark stock indices ended Thursday's session lower, although shy of the session worst levels, weighed by the renewed strength of the yen and overnight weakness in U.S. stocks. The Nikkei 225 was higher by 80.49 points, or 0.86%, to stand at 9264.15. The broader-based TOPIX was 4.86 points lower at 881.44. Volume for theNikkei constituents totalled a preliminary 1.202 bln shares, with 57 issues trading higher, 153 lower and 15 unchanged.

Resistance 3:Y96.70
Resistance 2: Y96.20
Resistance 1: Y95.20
Current price: Y94.63
Support 1: Y94.30
Support 2: Y93.50
Support 3: Y92.50
COMMENTS: Support comes around Y94.30 (50% Y87.06 - Y101.44). Break lower to target Y93.50 (March base), ahead of Y92.50 ( 61.8% Y87.06 - Y101.44, February 20 low).
Closest resistance Y95.00/20 -hourly peaks and 50% of yesterday downmove. Stronger level eyed at Y96.20 (May 20 low), ahead of Y96.70 (May 13, 19 peaks).

Resistance 3:Chf1.1260
Resistance 2:Chf1.1170
Resistance 1:Chf1.1030
Current price: Chf 1.1083
Support 1:Chf1.0980
Support 2:Chf1.0900
Support 3: Chf1.0860

СOMMENTS: the pare remain under pressure. Support comes Chf1.0980, ahead of daily Bollinger base Chf1.0900. Stronger support is near January 7-8 low Chf1.0860, and channel line from Apr 22 currently at Chf1.0820.
Minor resistance eyed around Chf1.1030, ahead of Chf1.1160/80 ( May 19 high/channel resistance). Stronger one lies at Chf1.1260 ( May 18 peak). Above the rise may extend to Chf1.1410, then – to Chf1.1600 (Apr 27-28 highs).

Resistance 3:$1.5930
Resistance 2:$1.5880
Resistance 1:$1.5820
Current price: $1.5787
Support 1: $1.5630
Support 2: $1.5520
Support 3: $1.5420

COMMENTS:Cable keeps positive mood and trades near the closest resistance - the upper bound of the rising channel since March 11, currently at $1.5820. Break higher will open the way to the November 11 top $1.5880, ahead of $1.5920/30 (1.618 of $1.3655-1.4780 from $1.4110/76.4% rebound of $1.6670downmove).
Support comes around $1.5630 (50% $1.5450-$1.5815). Break lower will target May 19 high $1.5520 and the $1.5450/20 area (May 20 base/5-DМА).

Resistance 3: $1.3950
Resistance 2: $1.3900
Resistance 1: $1.3850
Current price: $1.3788
Support 1: $1.3720
Support 2: $1.3670
Support 3: $1.3480

COMMENTS: break above the key resistance $1.3720/40 (May 12,19 peaks) - now support- open the way for further appreciation with the primary target around $1.3850/55 (61.8% $1.4720-1.2457/daily Bollinger top/channel resistance). Push above to target late December peaks near $1.3900, ahead of $1.3940/60 (61.8% proj. $1.2885-1.3720 from $1.3420/ January 5 high), before yield correction.
Support comes around $1.3740/20, ahead of May 19 top $1.3670, $1.3580 ( May 20 low), and $1.3480 (channel support and 21-DМА).

Spreadbetters Cantor Index are calling the FTSE down 52, the DAX down 73, the CAC down 51 and the Eurostoxx 50 down 38.

But the front-month contract remains well-bid above the $60 level. The front-month contract was last 47 cents lower at $61.57, off the $61.35 lows.

High Low Close
EUR/USD 1.3829 1.3582 1.3764
GBP/USD 1.5794 1.5448 1.5738
USD/JPY 96.21 94.67 94.84
USD/CHF 1.1128 1.0966 1.1010

EUR/JPY 131.69 129.70 130.53
EUR/GBP 0.8848 0.8733 0.8744
GBP/JPY 149.83 147.55 149.27
GBP/CHF 1.7359 1.7095 1.7330

Change % Change Last
Nikkei +54.35 (+0.6%) 9344.64
Topix +6.54 (+0.7%) 886.30
FTSE -13.84 (-0.31%) 4468.41
DAX +79.32 (+1.60%) 5038.94
CAC +28.41 (+0.87%) 3303.37
Dow -52.81 (-0.62%) 8422.04
NASDAQ -6.70 (-0.39%) 1727.84
S&P -4.66 (-0.51%) 903.47
NYMEX Crude Oil +0.62 (+1.05%) $59.65

Switzerland Ascension Day
07:00 France PMI (May) flash 41.0 40.1
07:00 France PMI services (May) flash 46.8 46.5
07:30 Germany PMI (May) flash 37.0 35.4
07:30 Germany PMI services (May) flash 44.2 43.8
08:00 EU(16) PMI (May) flash 38.3 36.8
08:00 EU(16) PMI services (May) flash 44.5 43.8
08:30 UK Retail sales (April) 0.5% 0.3%
08:30 UK Retail sales (April) Y/Y 2.4% 1.5%
08:30 UK M4 money supply (April) provisional - 0.2%
08:30 UK M4 money supply (April) provisional Y/Y - 17.8%
08:30 UK PSNCR (April), bln 2.5 28.4
12:30 USA Jobless claims (week to 16.05) 630K 637K
14:00 USA Philadelphia Fed index (May) -18.5 -24.4
14:00 USA Leading indicators (April) 0.4% -0.3%
20:30 USA M2 money supply (11.05), bln - +18.9