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Crude $103.14 (-73c) Europe getting hit hard today on heightened political uncertainty and generally weaker macro data across the board. Socialist Francois Hollande edges out Nicolas Sarkozy in Round 1 of the French elections as expected (28.5% to 27.1%), while the far-right National Front's Marine Le Pen took
ont's Marine Le Pen took third with a record high 18.2% of the vote. Hollande & Sarkozy will now go head-to-head in a Round 2 run-off on May 6 with Hollande still holding a commanding lead in opinion polls (Sarkozy will need to convert a large % of Le Pen supporters to have a chance). Meanwhile, the Dut
Wednesday: FOMC Rate decision (Bernanke press conference after), NZ cash rate, Earnings (BA, CAT, GLW, GD, DPS, HST, LO, S, SAP GR, CTXS) Thursday: Chicago Fed Nat Activity Index, Pending Home Sales, Kansas City Manufacturing, Japan CPI & IP, Earnings (amy, CCE, CL, DOW, HOT, K, LMT, SWY, UPS, WM, AMZN, SBU
tch cut for MS was consensus despite fears of 3). Hollande, Merkel, Rajoy & Monti meeting in Rome today ahe
iPad on notebook market decreasing, say Taiwan ODMs DigiTimes< Key Events Next Week Monday: Supreme Court ruling on ObamaCare expected this week, Chicago Fed Index, Dallas Fed Manufacturing, New Home Sales, GHS 100 Energy Conference (SF), Earnings (APOL) Tuesday: III/CaseShiller Home Price Index, Richmon
that "significant downside risks still persist" and that "stress has increased as of late." Round 1 of the French election on Sunday and polls show Hollande with a slight 28%-25% edge over Sarkozy (Round 2 polls for May 6 run-off still have Hollande winning by a more comfortable margin of 57%-43%). BofA
Wednesday: FOMC Rate decision (Bernanke press conference after), NZ cash rate, Earnings (BA, CAT, GLW, GD, DPS, HST, LO, S, SAP GR, CTXS) Thursday: Chicago Fed Nat Activity Index, Pending Home Sales, Kansas City Manufacturing, Japan CPI & IP, Earnings (BMY, CCE, CL, DOW, HOT, K, LMT, SWY, UPS, WM, AMZN, SBU
Entities connected to both François Hollande and Chicago Fed

Barack Obama
PERSON
Angela Merkel
PERSON
Lesley Groff
PERSONIke Groff
PERSON
Bloomberg L.P.
ORGANIZATION
Nicolas Sarkozy
PERSON
Barron
PERSON
Marc Rich
PERSONBaird
PERSONBarcap
ORGANIZATION
David Cameron
PERSON
Prince Charles
PERSON
Piper
PERSON
Wells
ORGANIZATION
Seattle
LOCATION
Denmark
LOCATION
Las Vegas
LOCATIONNomura
ORGANIZATION
Bernstein
PERSONStifel
ORGANIZATION