World Headlines 2011-04-04

RQ Cross Box: 2011-04-04

Updated 7:00 EST - EQUITIES - Asian stock markets closed higher led by the Hang Seng Index +1.46%. European bourses trading mixed with US stock indexes pointing to a slightly higher Wall Street open. COMMODITIES - Corn rose for a third day to the highest price since 2008 on concern that a planned increase in sowing in the U.S. will fail to rebuild global inventories drained by increased demand. Crude Oil climbed to the highest level in 30 months on speculation that U.S. economic growth may support demand and a protracted conflict in Libya will curtail supply. CURRENCIES - Risk FX drifted lower during the overnight session as the Euro snapped a four-day gain on concern a likely interest-rate increase by the ECB this week will hurt the economies of the most-indebted nations in the 17-member bloc. ECONOMIC DATA - US FOMC Member Evans speaks at 9:30 and Canadian BOC Business Outlook Survey due at 10:30 EST. Fed Chairman Bernanke speaks at 7:15 EST.

World Headlines 2011-04-04

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