World Headlines 2011-04-19

RQ Cross Box: 2011-04-19

Updated 7:00 EST - EQUITIES - Japanese stocks fell for a third day, sending the Topix to its lowest level in a month, after Standard & Poor’s cut the U.S. long-term credit outlook to negative. European stocks trading higher, rebounding from the biggest drop in a month. US stock index futures trading mixed ahead of the Wall Street opening bell. CURRENCIES - The Euro advanced against the dollar and the yen after a report showed German manufacturing growth unexpectedly accelerated. The British Pound snapped a four-day gain against the euro amid speculation the Bank of England will raise interest rates at a slower pace than its European counterpart. COMMODITIES - Crude Oil is trading lower for a second day as signs of a worsening economic outlook in the U.S. stoked speculation fuel demand may falter. Gold was little changed in London trading, remaining close to $1,500 an ounce, after prices rose to a record yesterday for a third consecutive day. ECONOMIC DATA - Canadian Wholesale Sales and US Building Permits due at 8:30 est.

World Headlines 2011-04-19

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