World Headlines 2011-04-12

RQ Cross Box: 2011-04-12

Updated 7:00 EST - EQUITIES - The Nikkei closed down 1.69% after Japan raised the severity rating of its nuclear crisis to the highest, matching the 1986 Chernobyl disaster, after increasing radiation prompted the government to widen the evacuation zone and aftershocks rocked the country. European bourses trading lower with US stock index futures pointing to a lower Wall Street open. COMMODITIES - Crude Oil advanced in London as the International Energy Agency stood by its demand forecast and Libyan rebels rejected a cease-fire plan, damping optimism that the nation’s exports may be restored soon. CURRENCIES - The Japanese Yen and Swiss Franc strengthened after more earthquakes shook buildings in Tokyo, reviving demand for the safest assets.The British Pound sank after data showed inflation is slowing. ECONOMIC DATA - Canadian Trade Balance and US Trade Balance due at 8:30. BOC Rate Statement and Overnight Rate due at 9:00 est.

World Headlines 2011-04-12

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