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ti-corruption agency is investigating their chairman. Shanghai saw a late day rally after struggling most of the day on IPO resumption concerns. The Kospi managed to close above 2000 as foreign and pension money helped lend support and Taiwan closed higher, driven by Largan (+6.5%) and Asustek(+4.5%).
on the lightest volume day of the year by far, SPA's are currently flat = 1864.30 last. "'House Price Index @ 9am, Existing Home Sales @ 10am*" ""Bernanke speaks @ 11:45am, China Flash PMI for April tonight" ***BK, CMCSA, HOG, IPG, ITW, MCD, OMC, RF, SPG, TRV, UTX, XRX pre-open"' n'AMGN, DFS, FTI, GI
led to hold the 99 level in the AM session but regained it for the PM, further boosting exporters. Retail was also supportive with Mothers +11%. The Kospi, on the other hand, underperformed as it was weighed from rotation out of South Korea (especially autos) and into Japan. Outside of Japan, the RBA u
, Earnings (AES, APA, CVC, DF, PCP, WIN, XRAY, CFN, NVDA) EFTA00390878 Friday: Treasury Budget Statement, G8 Fin Min / central bank meeting (UK), Bernanke speaks at Chicago Fed conference, Earnings (BECN, TRLG, ADEP) Key Events on the Horizon May26/27 — Mayoral elections in 720 cities across Italy J
.2% q/q vs est +0.5%. AUD testing parity after the RBA cut its 2013 inflation forecast and reiterated forecast for below trend growth this year. The Kospi lagged the region -1.75% and gave back yesterday's surprise rate cut gains as exporters slumped on the won strength and Samsung closed -2.57%. Euro
m/m in March. G7 FinMins & Central Bankers meeting today in the UK. Bemanke is speaking this morning in Chicago. SPA's +2 handles = 1626.80 last. "*Bernanke speaks at 9:30am (Chicago), Treasury Budget @ 2pman • Priceline.com posted Q1 beat but profit forecast fell short on sovereign debt concerns (tradi
Entities connected to both Kospi and Bernanke

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