Economic Data

European data scheduled today is inflation and trade. Inflation duringApril is expected to rise 0.6% per month and 2.8% per year. The increase in inflation that exceeded predictions may be slightly raisedexpectations of rising rates and the euro. But Greece is still moreweighty issues.
Meanwhile in the U.S., the Fed Chairman Ben Bernanke will bespeaking tonight about the U.S. economy. Bernanke will likely alsoraised the question of debt limit.

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