"We now think that the Fed this week will lower the funds rate by 25 bp to 2% - the trough in rates for this cycle. Previously, we thought that the trough would be at 1.75%. The difference reflects our and likely the Fed's sense that upside risks to inflation are now nearly as important as the downside risks to growth."

The major indices are trading slightly below their best levels of the session. The Nasdaq is outperforming, despite a 0.4% drop in tech stocks.
The Nasdaq 100 (+0.8%) is getting a boost from Research In Motion (RIMM 123.07, +3.03) -- which is not included in the tech sector because it is a Canadian company. Meanwhile, biotech firm Gilead Sciences (GILD 52.69, +1.29) is also posting a solid gain.

"The Fed is likely to validate market expectations, and more importantly staff concerns about downside risks to economic growth, by cutting rates another 25 bps... In response to the recent shift in market expectations, which have been driven to some extent by inflation concerns, we expect the Fed to cut 25 bps at the June meeting. To be sure, negative Q1 final sales will worry the Fed staff that its weak first half scenario is still playing out and that a negative feedback loop involving housing, financial asset prices and consumption remains a serious risk." But Fed could mention inflation/commodities risk.

Telecom (+0.8%) is the session's best performing economic sector, gaining support from Verizon (VZ 38.00, +0.96). Earlier this morning Verizon reported sales and earnings per share results that matched analysts' expectations for the most recent quarter. Shares of VZ are trading near their best level of the session.
Energy (-0.3%) is now trading in negative ground after spending the majority of the session in positive territory. No clear impetus for the change is apparent. Oil continues to trade near $119 per barrel.
Exxon-Mobil (XOM 92.97, +0.51) and Wrigley (WWY 76.94, +14.49) are the most influential leaders. Microsoft (MSFT 29.08, -0.75) and Monsanto (MON 121.92, -3.56) are the most influential laggards.

"We suspect some upside surprise potential may come from inventories, which we think might rise a bit (+$3bn), which would add 0.7 ppts to growth," HSBC economists say.

The dollar was little changed against the euro amid speculation the Federal Reserve will signal at its meeting this week that it's close to ending cuts in borrowing costs. Futures on the Chicago Board of Trade show an 18 percent chance that the Fed will hold the target rate for overnight lending between banks at 2.25 percent at its April 30 meeting, compared with 6 percent odds a week ago. The balance of bets is for a reduction of a quarter-percentage point.
The U.S. currency rose 1.2 percent versus the euro last week, the most since mid-March, as traders began to price out additional Fed rate reductions and growth in Europe showed signs of a slowdown.
``The euro's strength versus the dollar may be running out of steam,'' wrote London-based strategists Bilal Hafeez and George Saravelos at Deutsche Bank AG in a report released April 25. ``The Fed meeting next week may confirm the U.S. rate cycle is close to bottoming out.''
The 15-nation currency will fall to $1.45 by the end of the year, according to Deutsche Bank, the world's largest currency trader. The euro has risen 14 percent against the dollar in the past year and touched the record high of $1.6019 on April 22.

The Australian, Norwegian and New Zealand currencies increased against the dollar and yen after crude oil rallied to a record high of $119.93 a barrel.

Stocks inched higher Monday morning, as investors welcomed Mars' $23 billion buyout of Wrigley and Verizon's earnings. But gains were limited amid record oil and gas prices at the start of a busy week on Wall Street.
Telecom giant and Dow component Verizon Communications reported higher quarterly earnings that met analysts' estimates on higher revenue that was short of expectations. Shares gained 2.5% in the morning.
In other earnings news, RadioShack (RSH) reported lower quarterly earnings and sales that nonetheless topped forecasts. Shares slumped 11%.
U.S. light crude oil for June delivery touched a record $119.93 in electronic trading before pulling back to trade at $118.75 a barrel on the New York Mercantile Exchange.
COMEX gold for June delivery rose $1.80 to $891.50 an ounce.
Treasury prices crept higher, lowering the yield on the benchmark 10-year note to 3.85% from 3.87% late Friday.

preliminary CPI fell 0.2% on the month and rose 2.4% on the year after +3.1%.

The S&P 500 climbed to session highs, but ran into resistance near the 1400 level -- which is considered a key level of resistance by technical analysts. Currently, the S&P 500 is trading with a slight gain, slightly below 1400.
Shares of Ford (F 8.19, +0.69) are seeing a healthy 9% rise. The buying interest is being fueled on word activist investor Kirk Kerkorian's Tracinda Corp is increasing his 4.7% stake in Ford to 5.7%, according to the Wall Street Journal. He will be purchasing another 20 million shares at a 13% premium. Ford's stock has had a wild ride the last few sessions. Last Thursday, shares rose 12% on a better than expected earnings report, only to fall 11% the following day on several brokerage downgrades.

Holding on to gains made earlier in the day, with cable demand having come from a variety of sources in the European morning, notably with sterling-Canada demand and euro-sterling supply, the latter said to have come from a French name. Cable offers now seen into $1.9940, more at $1.9970, said to be stronger at $2.0020 with stops above.

The stock market is posting a slight gain, but has yet to veer far from the unchanged mark. The action has been muted this session, with the S&P 500 up 0.2% at its peak, and down 0.3% at its trough.
Visa (V 76.48, +1.38) is showing some notable strength. The credit card transaction processor was initiated at several brokerages, including a Buy at UBS and a Overweight at JPMorgan. Visa has now soared 74% since its March 19 initial public offering. However, its stock does not have a direct impact on the S&P 500 -- because it is a new IPO, it is not yet included in the index. Visa reports earnings after the close today.

The stock market retreats a bit, holding near the unchanged mark. Five of the ten economic sectors in positive territory.Energy (+0.4%) and healthcare (+0.6%) are the best-performing sector in the early-going. The two most heavily weighted sectors -- financials (-0.7%) and tech (-0.5%) -- are acting as drags on the broader market.

USD/JPY trading with a buoyant tone. Large M&A demand for GBP/JPY lifted the pair back up, with a break of C$1.0160 now seen opening up a steeper move towards offers at C$1.0210/15. Support at C$1.0040.

EUR/USD: $1.5600, $1.5700, $1.5900, $1.5430
USD/JPY: Y103.80, Y103.00
GBP/USD: $1.9745
AUS/USD: $0.9170

“We expect the euro to resume the move to $1.60 this quarter,” wrote Jan Loeys, JPMorgan Chase & Co. “With the Federal Reserve unable to tighten and the ECB unwilling to ease, the euro should resume its uptrend against the dollar.”

Stocks futures rose early Monday as investors eyed a $23 billion deal for chewing gum giant Wrigley, an investor's $170 million bid for more shares of Ford, and turned their focus to this week's Federal Reserve meeting.
Investors are expecting the Fed to lower rates yet again at the end of its two-day meeting on Wednesday. Many economists expect the central bank will hold rates steady after that cut in a bid to keep inflation in check.
A slew of high-profile economic reports will come out this week, although no readings are due on Monday. Tuesday brings a report on consumer confidence. Inflation will be on the minds of investors when the personal and income spending report is released Thursday, and Friday brings the government's monthly jobs report.
Oil prices hit another record trading high near $120 a barrel after a refinery strike in the U.K.
Company news. In major deal news, Mars and Warren Buffett's Berkshire Hathaway reached a deal to buy chewing gum giant Wm. Wrigley Jr. for about $23 billion.
Shares of automaker Ford soared in pre-market trading after billionaire investor Kirk Kerkorian's Tracinda Corp. said it would make a bid for 20 million shares valued at $170 million.
Verizon posted first-quarter earnings results that met Wall Street's expectations.

1.Must do what is needed to avoid second-round effects
2.Very, very concerned about inflation outlook
3.Inflation won't decsend as far as thought a few months ago
4.Must prevent further rise of inflation
5.ECB also looks at growth

The euro rose against the dollar after an industry report showed German consumer confidence unexpectedly rose and European Central Bank policy makers suggested interest rates need to stay high to quell inflation.

The euro snapped a three-day decline and also gained versus the yen and the British pound after ECB President Jean-Claude Trichet said rates at a six-year high will help policy makers achieve price stability. The currency was buoyed as oil climbed to a record $119.93 a barrel.

Concern about inflation prompted the ECB to keep borrowing costs at 4% since June, while traders are betting the Fed is set to cut rates one more time to bolster an economy weakened by the worst housing slump in a quarter of a century. The Fed has slashed rates by 3% since September.

EUR/USD opened around $1.5661. Later rate overcame reported resistance at $1.5670, with rate able to push on to $1.5680. Weaker Saxony CPI knocked euro-dollar to $1.5615. Offers and lge exp $1.5700, stops above $1.5705/10, bids $1.5600/.5590.

GBP/USD opened at $1.9838 before cable eased to fresh lows for the day at $1.9783. Cable soon recovered back above $1.9800 (to $1.9930), seeing strong buying. Cable offers $1.9910, stronger $1.9950/70, bids $1.9780.

USD/JPY opened around Y104.60, holding within the Y104.30/80 range. Dollar-yen offers Y104.80/00, possible barrier Y105.00, stops above. Bids Y104.35/30, Y104.00/103.90, stops below.

The dollar may extend losses before U.S. data forecast to show the economy grew at the slowest pace in five years. Gross domestic product expanded at a 0.4% annual pace in the first quarter, according to a survey.
Non-farm payrolls, due Friday, fell by 78,000 in April and the jobless rate rose to 5.2%.

EUR/USD: $1.5600, $1.5700, $1.5900, $1.5430
USD/JPY: Y103.80, Y103.00
GBP/USD: $1.9745
AUS/USD: $0.9170

1.EMU GDP expected to pick up after Q2 2008
2.High euro has shielded EMU from high oil prices
3.We are suffering a very strong inflationary shock
4.Monpol has limited impact on market turmoil

1.Advantages to the strength of the euro.
2.Strong euro dampens oil price hikes.
3.Concerned about excessive volatility in FX.

The euro came under pressure after four German states reported monthly falls in the rate of inflation, boosting expectations that pricing pressures in the euro zone's largest economy may be starting to subside.
Saxony, Brandeburg and Hesse reported their consumer price indexes (CPI) fell 0.2%. Analysts said the results indicate that the annual rate of German inflation is now likely to come in below market expectations and be well below March's 3.3%. If Germany's annual inflation rate does post a significant drop it will boost expectations that the flash estimate for the whole euro zone, out Wednesday, will also be below the market consensus, heaping more pressure on the euro.
The euro has fallen from an all-time high of $1.6018 last Tuesday. While analysts said technical trading levels may prevent it from falling dramatically, this week's U.S. Federal Reserve rate decision could well put it under further pressure.
The central bank is expected to cut its the key Fed funds rate by a quarter point but many analysts believe its accompanying statement could signal an end to the current cycle of aggressive rate cutting.
“The accompanying Fed statement will likely signal willingness for a pause soon and offer further support for the greenback,” said UBS currency analyst Geoffrey Yu.
While U.S. data still points to an economic slowdown, financial markets have been performing relatively well with the S&P 500 rallying by 11 percent since Mid-March. So the wider question now is whether this recovery can be sustained, and in turn help the real economy to turn the corner.

1.Would expect inflation to moderate in course of 2009
2.Will look at inflation numbers again next meeting
3.Made our position very clear at last council meeting.

1.Hikes 2009 EMU HICP forecast to 2.2% vs. previous 2.0%
2.Cuts 2008 EMU GDP forecast to 1.7% vs. previous 1.8%
3.Cuts 2009 EMU GDP forecast to 1.5% vs. previous 2.1%
4.Further euro appreciation would weign on EMU GDP
5.No strong sign yet of credit squeeze in euro area
6.Germany 2008 GDP +1.8% (vs. 1.6%), HICP 2.9% (vs. 2.3%)
7.Germany 2009 GDP +1.5% (vs. 2.2%), HICP 1.8% (unchanged)
8.Assumes 2008 oil price of $101.20
9.Assumes 2008 euro-dollar rate of $1.55, 2009 rate of $1.57

Resistance 3: Y106.00
Resistance 2: Y105.30
Resistance 1: Y104.80
Current price: Y104.51
Support 1: Y103.90
Support 2: Y103.30
Support 3: Y102.60
Comments: Dollar is around recent highs on Y104.80 with resistance comes at Y105.30 and then – on Y106.00. Support is around Y103.90, further – on Thursday’s low on Y103.30 with a break under will open the way to Apr 22-23 lows on Y102.60/70.

Resistance 3: Chf1.0540
Resistance 2: Chf1.0480
Resistance 1: Chf1.0430
Current price: Chf1.0304
Support 1: Chf1.0300
Support 2: Chf1.0150
Support 3: Chf1.0000
Comments: Dollar tests Friday’s low on Chf1.0300. Below Thursday’s low at Chf1.0150 the rate may dip to Chf1.0000. Strong resistance is around Friday’s high on Chf1.0430 with a break above will extend rise up to Chf1.0480. Stronger resistance is near Fibo level on Chf1.0540 (61.8% of Chf1.1110 - Chf0.9640 decline).

Resistance 3: $2.0030
Resistance 2: $1.9970
Resistance 1: $1.9890
Current price: $1.9886
Support 1: $1.9800
Support 2: $1.9760
Support 3: $1.9670
Comments: Pound challenges Friday’s high on $1.9890 with a break above will target $1.9970 (Apr 23 high) and stronger level on $2.0030 (Apr 21 high). Strong support comes at $1.9800, with a break under widens the correction to $1.9760 and then – to Friday’s low on $1.9670.

Resistance 3:$1.6020
Resistance 2: $1.5880
Resistance 1: $1.5700
Current price: $1.5672
Support 1: $1.5550
Support 2: $1.5500
Support 3: $1.5420
Comments: Euro tries to rebound, but moves still limited. Resistance is around Friday’s highs at $1.5700. Stronger resistance is near $1.5880. Key level is around life-time high on $1.6015/20. Support comes at Friday’s low on $1.5550 with further losses near $1.5500 and below – on $1.5420.

EUR/USD: $1.5600, $1.5700, $1.5900, $1.5430
USD/JPY: Y103.80, Y103.00
GBP/USD: $1.9745
AUS/USD: $0.9170

US data next week is heavy with important data, not the least of which is the FOMC rate announcement on Wednesday afternoon. rate decision is the highlight in the early part of the week. Fed is still widely expected to cut rates by 25bps to 2.00% even though interest rate futures are starting to price in some 20% odds of no cut. The focus is indeed very much of the accompany statement on any change in languages that would signal that Fed is near to a pause.Right before the FOMC announcement on Wed's Q1 GDP will be released and is expected to show 0.4% annualized growth, down from Q4's 0.6%. Personal consumption growth is expected to slow sharply from 2.3% to 0.6%. ISM manufacturing index will provide the next test to dollar on Thursday and is expected to remain under 50 and drop slightly to 48.0. Non-farm payroll will conclude the week and is expected to show -75k contraction in Apr with unemployment rate climbing further from 5.1% to 5.2%. The expectations are indeed quite low which leaves little room for downside surprises.Other data to be watched from US include Conference Board Consumer Confidence, Chicago PMI, PCE, construction spending,From Eurozone focus will be on April HICP flash , unemployment rate, economic sentiments, German Gfk consumer sentiments & retail sales.From UK, manufacturing PMI, will be closely watched and is expected to deteriorate from 51.3 to 50.8. gfk consumer confidence.From Swiss, KOF leading indictor will be featured.BoJ will meet again this week and is widely expected to leave rates unchanged at 0.50%. Other data from Japan include retail sales, manufacturing PMI, house household spending, unemployment rate, industrial production, construction order and housing starts,From Canadian Feb GDP and March PPI will be released. Australian retail sales will also be paid attention to whch is expected to show 0.3% mom growth in Mar.

- Forex rate is very important
- Have been at times sharp fluctuations between major currencies.
- We are concerned about possible implications for stability of forex moves.

The impact of financial market turmoil on eurozone growth is "marginal, ECB Governing Council member Yves Mersch wrote in the editorial of Central Bank of Luxembourg's Financial Stability Review. He said the international system is capable of absorbing losses from the financial turmoil. Uncertainty about ECB growth prospects is "unusually high," Mersch wrote. Risks to growth are on the downside while inflation risks are on the upside, he wrote. He said eurozone economic fundamentals are healthy with no major imbalances

Holding in the middle of the day's range, dollar-yen havingpressed to two-month highs on Asia at Y104.82. Traders suggest themarket is now consolidating ahead of this week's FOMC meeting, adding exporter supply on approach to Y105.00 is stalling further gains. StrongToushin demand for this week is cushioning, though traders do note thTokyo holiday tomorrow will reduce liquidity. Stops in place aboveY105.00, with offers then noted at Y105.40/50 ahead of barrier supply onapproach to Y106.00. Bids are at Y104.40 and Y104.00/103.90 with stops below.

European equity bourses are firmer in early Monday morning session, with gains led by banking stocks on improved sentiment following reports of further rights issues from banks -- HBOS and Deutsche Bank in the frame, according to press reports. Oil Stocks are also bid on back of firmer crude oil prices which hit fresh record highs overnight near $120.00/barrel on supply worries and increased tensions with US/Iran in the Gulf. The Dax is up 0.57% with Cac up 0.65% and FTSE 100 gaining 0.66%

"With inflation concerns having increased, the Fed may soon join the ECB in keeping rates on hold...The Fed is likely to cut rates at a slower pace and the tax rebates give the Fed scope to pause this summer, but we judge the easing cycle to be far from over."

-Confident ECB will succeed in maintaining price stability
-Present circumstances are very demanding; no room for complacency
-Monetary stability harder if government borrowing is unbridled
-ECB's commitment to price stability is of the essence

The yen fell against the Canadian dollar and the Norwegian krone as gains in commodity prices encouraged investors to increase holdings of higher-yielding currencies funded in Japan.

The yen approached a two-month low against the Australian dollar as oil rose to a record and gold climbed for a second day. Japan's currency also weakened against the euro and the U.S. dollar before financial companies sell 715 billion yen ($6.8 billion) of mutual funds this week focused on overseas stocks and bonds, according to Bloomberg data.

Bank of America Corp. recommended investors buy the euro at $1.5630 with a target of $1.6250 and sell the currency should it close below $1.5342 for two consecutive days.

The second-largest U.S. bank has pushed back its forecast for the timing of the European Central Bank interest-rate cuts from September to October amid inflation worries.

Gains in the dollar may be limited before U.S. data this week forecast to show the economy expanded at the slowest pace in five years. U.S. gross domestic product grew at a 0.4 percent annual pace in the first quarter, according to surveys. The Commerce Department will release the data on April 30.

Non-farm payrolls, due from the Labor Department on May 2, fell by 78,000 in April and the jobless rate rose to 5.2 percent this month, according to separate surveys.

Most Japanese stocks rose, led by financial companies, as accelerating inflation boosted speculation lending rates will widen. Sumitomo Mitsui Financial Group Inc. headed for the biggest gain in more than four years, while Aiful Corp. jumped to a three-month high. The Topix index rose 10.20, or 0.8%, to 1,350.11. The Nikkei 225 Stock Average fell 57.72, or 0.4% 13,805.75.

Crude oil rose last week on BP Plc's plans to shut down a North Sea pipeline, plunging Nigerian output and after a ship carrying U.S. cargo fired warning shots at Iranian boats. BP said it would shut the Forties Pipeline System tomorrow because of a two-day strike at a refinery in Scotland. BP will start shutting down the Forties pipeline, which carries about 700,000 barrels a day from more than 50 North Sea oil fields, because of the strike that will start April 27 at Ineos Group Holdings Plc's Grangemouth refinery. The pipeline relies on steam and power provided by the refinery complex.

Nigeria has lost about half of its oil production amid a strike and rebel attacks, Petroleum Minister of State H. Odein Ajumogobia said today in an interview with Bloomberg News. About 90 percent of Exxon Mobil Corp.'s Nigerian output of about 850,000 barrels a day is halted. Recent attacks on Royal Dutch Shell Plc-run pipelines are cutting crude-oil flows by about 140,000 barrels a day.

Prices jumped after a report that a U.S.-contracted cargo ship fired at Iranian boats in the Persian Gulf. Iran, OPEC's second-biggest oil producer, has been in conflict with the U.S. over its nuclear program and Iraq policy.

The dollar posted the biggest two- day advance against the euro since December as traders increased bets the Federal Reserve will stop cutting interest rates while the European economy showed signs of a slowdown.
The euro fell to a three-week low against the dollar after a European Central Bank report showed money supply growth slowed more than economists forecast last month. The Australian and New Zealand dollars dropped against all of the major currencies as lower commodity prices dimmed the outlook for growth.

U.S. stocks posted the first back- to-back weekly gains since February after earnings at Boeing Co. and Philip Morris International Inc. bolstered speculation overseas growth will offset slower domestic demand.
Boeing, the world's second-biggest maker of jetliners, rose the most in the Dow Jones Industrial Average. Philip Morris International, the cigarette maker spun off from Altria Group Inc. last month, topped profit estimates by 15 percent. Among 263 companies in the Standard & Poor's 500 Index that have reported first-quarter results, 73 percent beat or matched the average estimate of analysts.

The market held its ground in the midst of oil prices reaching a new record high of $119.90 per barrel, new home sales for March declining 8.5% to a near 17-year low, and Microsoft (MSFT) dropping 6% on Friday after reporting results and providing guidance that failed to live up to investors' bullish expectations.

In brief, it was another week where the inclination was to look at things as half full rather than half empty. Whether that view persists is hard to say, but it will no doubt be tested in the week ahead, which is chock full of important happenings that include earnings reports from over 100 S&P 500 members, an FOMC meeting and a batch of influential economic data that includes the advanced read for Q1 GDP, personal income and spending, the ISM Index and the April employment report.

In one of the best indications of how sentiment has improved of late, the market all but looked past a dreadful earnings report from bond insurer Ambac Financial (ABK).

On Wednesday Ambac posted a first quarter loss of $6.93 per share, well below the consensus estimate for a loss of $1.51 per share. While Ambac's stock got clobbered in understandable fashion, the S&P 500 still recorded a gain of approximately four points - and that was also with package delivery company UPS (UPS) lowering its full-year guidance the same day.

A few months ago news like that from Ambac, combined with the disappointing earnings report from Bank of America (BAC) on Monday, would have dealt a punishing blow to the financial sector. That didn't happen. The financial sector dipped 0.8% on Wednesday but still ended the week up 2.1%, which followed a 5.2% gain in the prior week.

Resistance 3: Y106.00
Resistance 2: Y105.30
Resistance 1: Y104.80
Current price: Y104.48
Support 1: Y103.90
Support 2: Y103.30
Support 3: Y102.60
Comments: Dollar is around recent highs on Y104.80 with resistance comes at Y105.30 and then – on Y106.00. Support is around Y103.90, further – on Thursday’s low on Y103.30 with a break under will open the way to Apr 22-23 lows on Y102.60/70.

Resistance 3: Chf1.0540
Resistance 2: Chf1.0480
Resistance 1: Chf1.0430
Current price: Chf1.0330
Support 1: Chf1.0300
Support 2: Chf1.0150
Support 3: Chf1.0000
Comments: Dollar weakened a bit. Strong resistance is around Friday’s high on Chf1.0430 with a break above will extend rise up to Chf1.0480. Stronger resistance is near Fibo level on Chf1.0540 (61.8% of Chf1.1110 - Chf0.9640 decline). Support comes at Friday’s low on Chf1.0300. Below Thursday’s low at Chf1.0150 the rate may dip to Chf1.0000.

Resistance 3: $2.0030
Resistance 2: $1.9970
Resistance 1: $1.9890
Current price: $1.9835
Support 1: $1.9800
Support 2: $1.9760
Support 3: $1.9670
Comments: Pound holds within the narrow range. Resistance comes at Friday’s high on $1.9890 with a break above will target $1.9970 (Apr 23 high) and stronger level on $2.0030 (Apr 21 high). Strong support comes at $1.9800, with a break under widens the correction to $1.9760 and then – to Friday’s low on $1.9670.

Resistance 3:$1.6020
Resistance 2: $1.5880
Resistance 1: $1.5700
Current price: $1.5640
Support 1: $1.5550
Support 2: $1.5500
Support 3: $1.5420
Comments: Techs on euro hasn’t changed. Support comes at Friday’s low on $1.5550 with further losses near $1.5500 and below – on $1.5420. Resistance is around Friday’s highs at $1.5700. Stronger resistance is near $1.5880. Key level is around life-time high on $1.6015/20.

High Low Close
EUR/USD 1.5704, 1.5554, 1.5594
USD/JPY 104.79, 103.88, 104.40
GBP/USD 1.9887, 1.9676, 1.9825
USD/CHF 1.0428, 1.0300, 1.0361

EUR/JPY 163.80, 162.66, 162.83
EUR/GBP 0.7951, 0.7850, 0.7864
GBP/JPY 207.61, 205.41, 206.97
GBP/CHF 2.0625, 2.0402, 2.0541

Change % Change Last
Nikkei +322.60 +2.38% 13,863.47
Topix +32.34 +2.5% 1,339.91
FTSE 100 6,091.40 +40.70 +0.67%
CAC 40 4,978.21 +48.66 +0.99%
Xetra Dax 6,896.58 +75.26 +1.10%
Dow +42.91 +0.33% 12891.86
Nasdaq -5.99 -0.25% 2422.93
SP 500 +9.02 +0.65% 1397.84
10yr Note +0.3900 +0.102% 3.866%
NYMEX Crude Oil +2.46 +2.08% 118.52
Gold +0.30 +0.03% 889.70

15:35 Germany CPI (April) preliminary 0.2% 0.5%
15:35 Germany CPI (April) preliminary Y/Y 2.8% 3.1%
15:35 Germany HICP (April) preliminary Y/Y 3.1% 3.3%