European markets are expected to start on a positive note.
The Euro was under pressure against its major counterparts. In Europe, euro zone consumer confidence index was -8.7 in April vs -9.3 in March. Economists anticipated the index to be unchanged.
Gold was down $5.6 to $1284.2. The precious metal was below its 20D MA (@ $1299) and below its 50D MA (@ $1321).
Copper Future (JUL 14) on Comex was about flat to 303.65c/lb. The contract was above its 20D MA (@ 300.44c) and below its 50D MA (@ 310.7c).
Conference: World CDx Frankfurt 2014
Deutsche Bank may reduce its equities operations in Latin America, reported Bloomberg citing sources familiar with the situation
Today's Economic Events
UK 09:30: MAR Public Finances (PSNCR) (Bln): NA
US 15:00: MAR New Home Sales (Thsd): 450
US 15:30: W15 Crude Oil Inventories (WoW chg): 3000