The world’s largest telecommunications equipment maker Alcatel-Lucent reported its fifth-straight quarterly loss.

Citigroup, Inc announced plans to raise $4.5B common stock offering, as part of an effort to insulate its balance sheet.

The world's largest commercial real-estate broker Cb Richard Ellis Group Inc reported first-quarter profit below analysts’ forecasts.

General Motors Corporation announced a $3.3B net first-quarter loss.

Garmin Ltd reported its slowest profit growth in 3 years as increasing competition drives down prices.

The Procter & Gamble Company reported higher quarterly profits.

MS’s economist David Greenlaw: “We believe that today's move will represent the last rate cut in this easing cycle. However, should the economy show signs of a double dip after the temporary impact of fiscal stimulus fades away, the FOMC could certainly reduce rates further.”

1.Econ 'remains weak' & mkts 'remain under considerable stress'
2.Infl has improved and is expected to moderate and Fed to monitor carefully
3.Removed "downside risks to growth" but says FOMC will continue to
monitor econ and 'will act as needed'
4.Hope rate cut and liquidity measures will "help to promote growth" and "mitigate risks" to econ
5.Vote was 8-2, with Fisher and Plosser dissenting for no move

Mark Wan, chief analyst at Hang Seng Investment Services Ltd: “I don't think at this moment investors should be bullish about the U.S. economy. And I don't think the FOMC will hold off rate cuts in the foreseeable future.”

Tomoko Fujii, senior currency strategist at Bank of America: “All this talk about U.S. rates bottoming out are premature. It is too early to judge that the Fed easing cycle is ending - we maintain our view that there will be two more rate cuts after this week.”

The dollar is headed for its first monthly advance against the euro this year on speculation a cut in interest rates by the Federal Reserve today will be followed by comments signaling policy makers are about done with easing.
The U.S. currency was poised for its biggest monthly gain against the yen since December 2001 as interest-rate futures showed the Fed may keep rates on hold after reducing borrowing costs. The yen dropped against all of the major currencies as an advance in U.S. stocks encouraged investors to increase holdings of higher-yielding assets financed in Japan.
The U.S. currency has advanced 4.6% against the yen and 1.4% versus the euro this month. Still, it's down 6.7% against the euro and 6.8% versus the yen in 2008. The euro is up 3.7% versus the yen in April, paring this year's losses to 0.2%.
Policy makers have reduced the Fed's target rate for overnight loans between banks 3% since September to avert a recession and spur lending. Futures on the Chicago Board of Trade show an 80% chance the Fed will cut the target rate by a quarter-percentage point to 2% today and odds of 69% the rate will be held at that level in June.
The lower U.S. rates have made the dollar less attractive to investors than the euro as the European Central Bank has kept its rates on hold at 4.0%.
Today's euro zone economic news helped to lift expectations slightly the ECB may be tempted to cut its borrowing costs sooner than expected, further pressuring the single currency against the U.S. currency. Euro zone inflation eased to a provisional 3.3% in April from 3.6% in March. The March reading was the highest recorded since the start of the monetary union. At the same time, the European Commission said its euro zone economic sentiment indicator fell to 97.1 in April from 99.6 in March, reaching its lowest level since late 2005. Economists said this points to a further slowdown in euro zone growth.

Shingo Narue, manager at Fukoku Mutual Life Insurance: “he market maintains its view that the Fed will lower interest rates by 25 basis points and will pause its rate cutting cycle for a while. And investors will be looking at whether the accompanying statement will indicate that.”

USD/JPY holds within the narrow range, trading at Y104.45. Dollar remains off morning highs seen around Y104.87, plenty of supply layered ahead of Y105.00.

EUR/USD holds near $1.5560/80 where offers were mentioned. Light supply expected at $1.5600, better at $1.5610/20.

Stocks inched higher Wednesday as investors looked to the Federal Reserve, with a decision on interest rates expected later in the day.
The central bank is widely expected to cut the fed funds rate, a key overnight bank lending rate, by a quarter-percentage point to 2%. Many economists are also expecting the Fed to signal that it is done cutting rates for the time being. An announcement is expected at around 18:15 GMT.
Before the open, investors eyed the latest reading on the health of the economy. Gross domestic product grew at an 0.6% annual rate in the first quarter, as it did in the final quarter of 2007. That was slightly better than the 0.5% rate expected by economists.
Corporate news: General Motors reported a steeper quarterly loss that was nevertheless narrower than what analysts were expecting, and weak sales that beat forecasts.
Citigroup said it was boosting the size of its previously announced common stock offering to $4.5 billion from $3 billion.

Paul Ferley of RBC Capital Markets says the Q1 GDP report and the outlook for Q2 is unlikely to alter the Fed's take on the economy, as the central bank already acknowledged the likelihood of a soft H1. “We could see a cut as large as 50 basis points later today though with the tone in financial markets improving”, Ferley adds.

EUR/USD rebounds from $1.5545 ahead of the London fix event. Bids still expected in the $1.5500/10 area that is also key technically.

AUS/USD pushing up above $0.9400 now, starting to trigger a few stops. More significant remain on a break of $0.9420.

Analysts look for a build of 900k barrels in the week ended April 25. Gasoline supplies expected to show a draw of 875k barrels and distillate supplies seen showing a draw of 250k barrels. Refinery utilization is seen up 0.25%.

Accelerating higher on the back of the GM results, stops being triggered from system accounts on the break of Y104.40, with rate pushing supply at Y104.80/90, ahead of the Y105.00 barrier.

Prices paid 82.9. New orders 53.0. Employment 35.3. Inventories 51.9. Production 53.0.

Futures have dipped a few points from their best levels, but are still holding onto most of their GDP induced gains. S&P futures vs fair value: +3.7. Nasdaq futures vs fair value: +4.5.
The Dept. of Commerce said first quarter GDP rose by 0.6% at an annualized rate, which was better than the consensus estimate that called for growth of 0.5%. The fourth quarter of 2007 also grew by 0.6%. The GDP deflator, an inflation measure, increased by 2.6%, and core PCE increased by 2.2%. Economists expected the GDP deflator to rise by 3.0% and the core PCE to increase by 2.2% Citigroup announced it has increased its common stock offering size to $4.5 billion from the $3.0 billion it announced yesterday. The offering will be priced at $25.27 per share, a 4% discount from Tuesday's closing price.

The dollar is headed for its first monthly advance against the euro this year on speculation a cut in interest rates by the Federal Reserve today will be followed by a pause.
The U.S. currency was also poised for its biggest monthly gain against the yen since April 2004 as interest-rate futures showed the Fed may keep rates on hold after reducing borrowing costs for a seventh time since September. The euro weakened today after a German government report showed unemployment fell less than economists had forecast.
The pound was little changed against the dollar at $1.9688, and is headed for its biggest monthly loss this year after falling earlier on a Nationwide Building Society report that showed the first annual decline in U.K. house prices since 1996.



EUR/USD having tested low at $1.5525 traded within $1.5535/65 range. Bids $1.5510/00, offers $1.5620.
GBP/USD was bounded in $1.9650/00. Bids $1.9625/20, $1.9600. Offers $1.9700/10, $1.9740/50.
USD/JPY went to a high at Y104.85 before slipping to Y104.50. Offers Y104.80/105.00, bids Y102.70, Y102.20


U.S. gross domestic product probably grew 0.5 percent in the first quarter, after rising 0.6 percent in the last three months of 2007, according to the median forecast of 80 economists surveyed by Bloomberg News. The Commerce Department is scheduled to release the report at 1230 GMT in Washington.

Recovered strongly from the Chf1.0330 low, pushing up hrough the Chf1.0385 Asia high as euro-dollar dipped under $1.5540. Offers in the Chf1.0400 area so far managing to contain, said to stretch up to Chf1.0430, in line with last week's high and stops placed on a break.

The dollar is headed for its first monthly advance against the euro this year on speculation a cut in interest rates by the Federal Reserve today will be followed by a pause.
The U.S. currency was also poised for its biggest monthly gain against the yen since April 2004 as interest-rate futures showed the Fed may keep rates on hold after reducing borrowing costs for a seventh time since September. The euro weakened today after a German government report showed unemployment fell less than economists had forecast.
The euro reversed an earlier gain against the dollar after the government said the number of people in Germany out of work fell 7,000 from March to 3.3 million. Economists expected a decline of 30,000, according to the median in a Bloomberg News survey.
An index of executive and consumer sentiment in the euro area fell to 97.1 from 99.6 in March, the 11th straight monthly drop, the EU's executive agency in Brussels said today. Separate reports showed consumer-price inflation slowed to 3.3 percent last month and unemployment remained at 7.1 percent, a record low.
The pound was little changed against the dollar at $1.9688, and is headed for its biggest monthly loss this year after falling earlier on a Nationwide Building Society report that showed the first annual decline in U.K. house prices since 1996.
Futures on the Chicago Board of Trade show an 80 percent chance the Fed will cut the target rate for overnight lending between banks by a quarter-percentage point to 2 percent and odds of 70 percent that the rate will be held at that level in June. The U.S. central bank has cut its fed funds target 3 percentage points since September to avert a recession and spur lending.
``The Fed will cut by 25 basis points today, but there's a strong chance they will hint at a pause,'' said Lee Ferridge, a senior foreign-exchange strategist at State Street Global Markets. ``We've seen institutional investors going back into the dollar. That's a vote of confidence, and it should help support the dollar against the euro.''
Gains in the dollar may be limited on speculation data today will show U.S. economic expansion is slowing.
U.S. gross domestic product probably grew 0.5 percent in the first quarter, after rising 0.6 percent in the last three months of 2007, according to the median forecast of 80 economists surveyed by Bloomberg News. The Commerce Department is scheduled to release the report at 1230 GMT in Washington.
Consumer confidence fell to a five-year low this month, a Conference Board survey showed yesterday, as the collapse of the subprime-mortgage market and record fuel prices threaten to reduce spending.
``The dollar's downside risks, particularly against the yen, may increase,'' Masafumi Yamamoto, head of foreign exchange strategy for Japan at Royal Bank of Scotland Group Plc in Tokyo and a former Bank of Japan currency trader, wrote in a research note dated today. ``After the Fed's decision, the market will be free to focus on U.S. economic data, which show that the subprime loan problem hasn't been solved.''
Bank of America Corp., the second-largest U.S. bank, lowered its forecast for the dollar against the euro and pound as it expects the Fed to cut the benchmark interest rate to 1.5 percent by the end of August. The bank predicted the currency will trade at $1.52 per euro by Sept. 30, compared with a previous estimate of $1.50.

EUR/USD $1.5650, $1.5300
USD/JPY Y104.20, Y105.00, Y100.00
AUD/USD $0.9325, $0.9400
Kiwi $0.7890

Resistance 3: Y105.30

Resistance 2: Y104.80
Resistance 1: Y104.30
Current price: Y104.15
Support 1: Y103.20

Support 2: Y102.60

Support 3: Y102.20

Resistance 3: Chf1.0540
Resistance 2: Chf1.0480
Resistance 1: Chf1.0430

Current price: Chf1.0375

Support 1: Chf1.0300
Support 2: Chf1.0150

Support 3: Chf1.0000

Comments: Strong resistance is around Chf1.0400/30 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). The nearest support is Friday’s and Monday's low on Chf1.0300. Below last Thursday’s low at Chf1.0150 the rate may dip to Chf1.0000.

Resistance 3: $2.0050
Resistance 2: $1.9960
Resistance 1: $1.9780
Current price: $1.9681
Support 1: $1.9620
Support 2: $1.9600
Support 3: $1.9550

Comments: Pound еtris to rebound. The nearest resistance is Monday low at $1.9780, higher comes $1.9960(Monday high) and than - $2.0050 (April 04 high). Break under $1.9620 will open the way to $1.9600 (Apr 15 low) and lower - till $1.9550.

Resistance 3:$1.6020

Resistance 2: $1.5880

Resistance 1: $1.5700

Current price: $1.5543

Support 1: $1.5540
Support 2: $1.5500
Support 3: $1.5420

Comments: Euro tries to rebound. 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 yesterday's low on $1.5540 with further losses near $1.5500 and below – on $1.5420.

Credit Suisse economists look for the Fed to cut by 25bp and to signal an intention to pause at 2.0% at Wednesday's meeting. CS FX strategists maintain that the recent runup
in US Tsy yields reduces the reason to expect a significant dollar rally after the pause is announced because the market appears to have already priced in the pause. There is scope for FX volatility to rise.

Drops back to $1.5525, from around $1.5545, as rate reacts to release of eurozone data, but reported stops under this level so far said to remain intact. However, rate retains a heavy tone, one trader comments. A break and clear of the $1.5530/20 area to open a deeper move toward $1.5500 ahead of $1.5480/70.

FTSE 100 -1.00 -0.02% 6,089.40
CAC 40 -35.65 -0.71% 4,977.10
Xetra Dax -39.99 -0.58% 6,885.34
DOW -39.08 -0.30% 12,832.67
NASDAQ +1.70 +0.07% 2,426.10
S&P 500 -5.37 -0.38% 1,391.00
10yr Note -0.1000 -0.026% 3.825%
NYMEX Crude Oil -3.12 -2.63% 115.63
Gold -18.70 -2.09% 876.80


Japan stock market was closed Tuesday for a holiday.
European stocks fell for the first time in five days as some earnings forecasts disappointed investors and lower metal prices weighed on mining shares.
Michelin & Cie. dropped the most in almost a decade after the world's second-largest tiremaker said profit may decline this year. Ciba Specialty Chemicals AG posted the biggest drop since 2001 as earnings missed analysts' estimates. Rio Tinto Group led a retreat in mining shares, the best performers this month after oil stocks. Higher earnings from Royal Dutch Shell Plc and BP Plc lifted energy producers.
Ciba sank 8.6 percent to 33.56 francs, the steepest slide since September 2001. The world's biggest maker of colors for plastics posted a 51 percent slump in profit to 37 million francs ($36 million) on slowing demand and higher costs for oil-derived raw materials. The company also lowered its earnings guidance.Rio, the world's third-largest mining company, dropped 3.5 percent to 6,010 pence and BHP Billiton Ltd., the biggest, decreased 3.1 percent to 1,818 pence.Daimler AG lost 1.4 percent to 50.19 euros. The second- largest maker of luxury vehicles said first-quarter profit fell 32 percent, more than estimated.
Shell rallied 5.3 percent to 2,035 pence after the oil company said first-quarter profit climbed 25 percent to $9.08 billion, boosted by record crude and higher natural gas prices.
BP climbed 6 percent to 613 pence after Europe's second- biggest oil producer said first-quarter profit advanced 63 percent to $7.62 billion. Danske Bank A/S retreated 4.7 percent to 162.75 kroner after the largest Nordic lender by assets posted a 33 percent drop in first-quarter profit to 2.57 billion kroner ($537 million) as trading income slipped and the bank booked losses on some loans.

US stocks closed mixed Tuesday after a report showed consumer confidence fell to its lowest level in five years, and investors held back ahead of the Federal Reserve's decision on interest rates.Drugmaker Merck said late Monday that the Food and Drug Administration is requesting more information regarding its cholesterol drug candidate Cordaptive. Merck shares fell more than 8% in early trade.Credit card processor Visa (V) reported a jump in quarterly profit late Monday. But shares fell nearly 2% in morning trade as investors had hoped for even more robust results.Troubled home lender Countrywide, which is in the process of being bought by Bank of America, reported a loss of nearly $900 million during the first quarter on higher housing-related credit losses.
Deutsche Bank AG (DB), Germany's largest bank, announced a $4.2 billion writedown for the first quarter. The bank's CEO said financial market conditions during the quarter were "the most difficult in recent memory."
On the upside, the world's largest maker of liquid crystal display glass, Corning, reported that first-quarter profit more than tripled versus last year on strong demand for flat screen TVs and computers. Shares rose nearly 5%.
Video game maker Take-Two Interactive's (TTWO) released the latest installment of its Grand Theft Auto video game series Tuesday. "Grand Theft Auto 4" is expected to break sales records and could give Take-Two more room to negotiate for a higher price from rival Electronic Arts (ERTS), which has launched a hostile takeover bid.

The dollar strengthened to a three- week high against the euro on speculation the Federal Reserve will signal that it's done lowering interest rates. The currency is headed for its first monthly advance against the euro this year, and also gained versus the pound, as interest-rate futures show the Fed may lower borrowing costs tomorrow and then pause. The yen increased against all of the major currencies as a drop in stocks encouraged investors to sell higher-yielding assets.
Futures on the Chicago Board of Trade show an 82 percent chance the Fed will cut the target rate for overnight lending by a quarter-percentage point to 2 percent tomorrow and 71 percent odds that the rate will be held at that level in June.
The yen rose 2.1 percent against the New Zealand dollar and 1.7 percent versus the pound as the drop in stocks led investors to reduce carry trades in which they get funds in a country with low borrowing costs and purchase assets where returns are higher.
The pound was poised for its biggest monthly decline against the dollar in 2008 after the Bank of England reported that mortgage approvals fell in March to the lowest in at least nine years. Dovish comments from BOE's King and Blanchflower along with weak UK CBI data put cable under the pressure. Japan’s markets were closed in observance of national holiday.
The euro was under pressure as the Bloomberg purchasing managers index showed today that European retail sales dropped the most in more than four years in April. Another report showed that French consumer confidence dropped this month to a record low as accelerating inflation squeezed incomes.
Australia's dollar dropped 0.5 percent to 93.38 U.S. cents after the New York-based Conference Board's Australian index of leading economic indicators fell in February for a third month.EUR/USD rose after low was printed on $1.5540 to $1.5617 retreating later till $1.5565.
GBP/USD fell from $1.9910 to $1.9660/70.
USD/JPY slipped from Y103.90/104.35 to a low at Y103.20 where got supportr and went up to Y104.05.

Eurozone data at 0900GMT sees the April economic sentiment index, business climate indicator, flash HICP and March unemployment rate. Forecasts are for the economic sentiment index to slip to 99.1, while flash HICP is seen at 3.4% y/y and the unemployment rate is seen steady at 7.1%. At 1155GMT, ECB President Jean-Claude Trichet speaks at an award ceremony, in Aachen, Germany.
US data starts at with the ADP Natl Employment Report for April at 1215GMT. This is followed at 1230GMT by the advance first-quarter 2008 GDP and Employment Cost Index, which come at the same time as Canada industrial product and raw materials prices for March; real GDP at basic prices for February. US first quarter GDP is expected to post a 0.3% rise, compared with the 0.6% rise in the previous quarter. At 1300GMT NY NAPM for April is due, while this time also sees the start of the second day of the FOMC Meeting. At 1345GMT, the Chicago PMI is expected to rise modestly to a reading of 48.5 in April. Other regional data already released have suggestedsoft growth. This is followed at 1400GMT by the help-wanted online index for April and the weekly crude oil stocks data at 1430GMT. As well as the expected 25bps cut from the FOMC at 1815GMT, data sees the 1900GMT release of agriculture prices for April.

- Policy now more flexible than when had direction
- Output, income, spending growth weaker recently
- Price rises due to both supply/demand factors
- Don't see upside risks outpacing downside risks
- Board sees risks more balanced than in FY09 than now

The dollar is headed for its first monthly advance against the euro this year on speculation that any cut in interest rates by the Federal Reserve today will be followed by a pause.

The U.S. currency was also poised for its biggest monthly gain against the yen since April 2004 as interest-rate futures showed the Fed may reduce borrowing costs for a seventh time since September and then keep rates on hold. The yen rose as a decline in stocks discouraged purchases of higher-yielding assets funded in Japan.

- We have got to deal with the house price figures reported today, get liquidity to banks.
- One of the problems is that banks were first big risk takers and now are risk averse.
- Wrong for banks to have had off balance sheet activities.

Japanese stock indices ended Wednesday's session lower across the board, as the Bank of Japan left monetary policy unchanged.The benchmark Nikkei 225 was down 44.38 points, or 0.32%, at 1389.9. The broader-based TOPIX was down 3.10 points at 1358.65.

Resistance 3: Y105.30

Resistance 2: Y104.80
Resistance 1: Y104.30
Current price: Y103.90
Support 1: Y103.20

Support 2: Y102.60

Support 3: Y102.20

Resistance 3: Chf1.0540
Resistance 2: Chf1.0480
Resistance 1: Chf1.0430

Current price: Chf1.0340

Support 1: Chf1.0300
Support 2: Chf1.0150

Support 3: Chf1.0000

Comments: Dollar drops. The nearest support is Friday’s and Monday's low on Chf1.0300. Below last Thursday’s low at Chf1.0150 the rate may dip to Chf1.0000. Strong resistance is around Chf1.0400/30 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: $2.0050
Resistance 2: $1.9960
Resistance 1: $1.9780
Current price: $1.9642
Support 1: $1.9660
Support 2: $1.9600
Support 3: $1.9550
Comments: Pound falls. Break under $1.9660 will open the way to $1.9600 (Apr 15 low) and lower - till $1.9550. The nearest resistance is Monday low at $1.9780, higher comes $1.9960(Monday high) and than - $2.0050 (April 04 high).

Resistance 3:$1.6020
Resistance 2: $1.5880Resistance 1: $1.5700Current price: $1.5590

Support 1: $1.5540
Support 2: $1.5500
Support 3: $1.5420

Comments: Euro tries to rebound. 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 yesterday's low on $1.5540 with further losses near $1.5500 and below – on $1.5420.

The BOJ's outlook report says it cuts its FY 08 GDP forecast to 1.5% from 2.1% and forecasts FY08 core CPI at 1.1%. the central bank says it will tale appropriate policy actions based on the economy. The BOJ reports noted the central bank cannot set the direction of future policy now. Additionally, the report warns that the US economy may slow further and the BOJ must watch future moves. The central bank also says stimulus from easy policy to grow as economy recovers. The BOJ again warns that higher inflation may hurt Japan's economy.

Japan's industrial output fell a seasonally adjusted 3.1 percent in March from February, as companies cut production due to rising inventories amid slowing demand from the United States, government data showed Wednesday.
The fall was much deeper than the 0.7 percent decline economists were expecting. In February, industrial output rose 1.6 percent, sending the industrial production index to a record 110.2.Industrial output dropped 0.4 percent in March from the year earlier, following a 5.1 percent rise in February.
The Ministry of Economy, Trade and Industry said a poll of private sector companies showed that industrial output is expected to decline 0.3 percent in April from March, but to rise 3.4 percent in May.The ministry is sticking with its view that the overall trend is flat.

High Low Close
EUR/USD 1.5657, 1.5539, 1.5562
USD/JPY 104.34, 103.20, 104.06
GBP/USD 1.9911, 1.9666, 1.9695
USD/CHF 1.0396, 1.0315, 1.0377

EUR/JPY 163.21, 161.11, 161.99
EUR/GBP 0.7918, 0.7827, 0.7900
GBP/JPY 207.56, 203.46, 204.99
GBP/CHF 2.0657, 2.0337, 2.0441

Change % Change Last
FTSE 100 -1.00 -0.02% 6,089.40
CAC 40 -35.65 -0.71% 4,977.10
Xetra Dax -39.99 -0.58% 6,885.34
DOW -39.08 -0.30% 12,832.67
NASDAQ +1.70 +0.07% 2,426.10
S&P 500 -5.37 -0.38% 1,391.00
10yr Note -0.1000 -0.026% 3.825%
NYMEX Crude Oil -3.12 -2.63% 115.63
Gold -18.70 -2.09% 876.80

05:00 Japan Housing starts (March) Y/Y -5.0%
05:00 Japan Construction orders (March) Y/Y 18.4%
07:55 Germany Unemployment rate (April) seasonally adjusted 7.8% 7.8%
07:55 Germany Unemployment (April) seasonally unadjusted, mln 3.507
07:55 Germany Unemployment rate (April) seasonally unadjusted 8.4%
07:55 Germany Unemployment (April) seasonally adjusted -30K +57К
07:55 Germany Unemployment (April) seasonally adjusted, mln 3.285
09:00 Е15 Economic sentiment index (April) 99.1 99.6
09:00 Е15 Business climate indicator (April) 0.80
09:00 Е15 Harmonized CPI (April) Y/Y preliminary 3.4% 3.5%
09:00 Е15 Unemployment (March) 7.1% 7.1%
12:15 USA ADP employment (April) 8K
12:30 USA GDP (Q1) advance Y/Y 0.4% 0.6%
12:30 USA PCE price index (Q1) advance 3.9%
12:30 USA PCE price index ex food, energy (Q1) advance 2.5%
12:30 USA Employment cost index (Q1) 0.8% 0.8%
12:30 Canada Gross Domestic Product (YoY) (Feb) 2.2%
13:45 USA Chicago PMI (April) 49.0 48.2
18:15 USA FOMC meeting announcement 2.00% 2.25%