Major overnight headlines:
*French 1q ILO unemployment rate rises to 10.8% vs 10.5%
*ECB says banks borrowed eu23.0 mln at marginal rate
*ECBsays banks deposited eu89.6 bln with it overnight
*Swiss may EU-harmonized CPI falls 0.2% from year earlier
*Dutch may consumer prices rise 2.8% from year earlier
*India’s finance minister says has urged banks to advise customers not to invest in gold
*Barroso says EU close to trade pact with Canada
*Barroso says EU growth expected to turn positive only in 2h
*Spain 2015 bond average yield 1.903 pct (last auction 2.275 pct)
*Spain 2016 bond average yield 2.706 pct (last auction 2.442 pct)
*Spain 2023 bond average yield 4.517 pct (vs 4.452 pct at syndicated sale)
*South Africa’s rand gains after c.bank governor says room for further monetary easing constrained
*Greek unemployment rate at 26.8% in March
Read the full report: FX Daily
BMO