Market Update April 13, 2007 (NY time)

General Economy (US)

Producer Prices Rise; Confidence Wanes; Inflation still Feds main concern February trade deficit narrows to $58.4 Billion

Market Update April 13, 2007 (NY time)

Equities
US trading opened to generally low figures but was slowly picking up after an hour of trading
Apple leads losses delay in release of new Macintosh system software

European stocks rise to 6 year high

Investors turning to defensive stocks such as health care and energy as the indexes have reached highs

Asian stocks fall on earnings outlook ;

Nikkei 225 slides 1 percent to 17,363.95 India's Sensex Rises, Led by Infosys

Market Update April 13, 2007 (NY time)

Currencies
Euro, British pound, Yen all strengthen against the US$; Euro at 2-year high against the US$ Yen drops to low versus euro and other active currencies Won advances on stock Inflows, Peso, Ringgit rises

Market Update April 13, 2007 (NY time)

Treasuries
US treasuries fall on rising inflation expectations and weaker dollar European bonds log fourth week of losses on ECB rates outlook Japan's Five-Year notes complete weekly gain on equity slump Philippine bonds fall on interest rate view; Peso gains on week

Market Update April 13, 2007 (NY time)

Commodities
Gold rises on demand for dollar alternative; Silver climbs Crude oil rises above $64 as refiners increase gasoline output Corn climbs as U.S. rains slow planting; Soybeans advance