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Date Posted: 07:46:20 04/16/03 Wed
Author: Naval Vithalani
Subject: G'morning

Markets are looking ahead...when equities stop going down on bad news isnt it goodnews for equity holders???

Nasdaq futures are higher today and looks like the gains will be carried over into nyc trading.

UK
Unemployment rate 3.1%, market expectation 3.1%.
Change expected 3000, market expectation 7000.
BOE - chances of 25bps cut in May are very high.


EUR
HICP expected 2.4%, market expectation 2.4%.
Industrial production expected 0.4%, market expectation 0.4%.

Hope you'll have a profitable day

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