Equity Indices

	Closing Price	Change			Closing Price	Change
		On Week	YTD			On Week	YTD
Dow Jones Industrial Average	18,041.54	-1.48%	1.23%	FTSE 100	6,948.99	-0.66%	5.83%
S&P 500	2,104.20	-1.11%	2.20%	Nikkei 225	20,437.48	2.05%	17.12%
Nasdaq Comp	5,032.75	-0.74%	6.26%	Hang Seng	28,249.86	2.01%	19.68%
DJ Euro Stoxx 50	3,619.30	-1.40%	15.03%	MSE Index	3,845.107	1.57%	15.43%

Britain's top share index hit a two-week closing low, with banks slipping after Spanish regional election results put euro zone financials on the back foot, while falling oil and metals prices hit commodity stocks. 

The market capitalisation of shares listed on the Tokyo Stock Exchange's main board topped a 26-year peak and marking one victory in Prime Minister Shinzo Abe's campaign to jolt the economy out of a long phase of deflation and stagnation.

Interest Rates

 Benchmark Bond Yields

	Current 2yr Yield	Yield Change		Current 10yr Yield	Yield Change			Present Interest Rate	Last Variance
		On Week	Since Dec 12		On Week	Since Dec 12
US	0.62	0.01	-0.05	2.15	-0.14	-0.02	FED	0.00 to 0.25	-0.75  to -1.00	16-Nov-08
Euro	-0.22	-0.02	-0.12	0.55	-0.06	0.01	ECB	0.05	-0.10	04-Sep-14
UK	0.57	-0.05	0.12	1.88	-0.10	0.13	BOE	0.50	-0.50	05-Mar-09
Japan	0.00	0.00	0.02	0.39	-0.01	0.06	BOJ	0.00 to 0.10	-0.10	05-Oct-10
Australia	2.02	-0.07	-0.17	2.87	-0.15	0.06	RBA	2.00	-0.25	05-May-15
Canada	0.65	-0.05	-0.36	1.71	-0.13	-0.08	BOC	0.75	-0.25	21-Jan-15
Malta	0.18	0.00	-0.28	1.56	0.00	-0.33

 

The Treasury on Tuesday accepted Euro 6.00 million in 91-day Treasury Bills at an average yield of -0.004 percent and 1.75 million in 181-day Treasury bills at an average rate of 0%.  Outstanding Treasury Bills amount to Euro 204,050,000 - an increase of Euro 9.5 million from the previous week.   

Morale among German consumers improved heading into June, helped by a growing willingness to make purchases, a survey showed on Wednesday.  Private consumption has eclipsed exports as Germany's main engine of growth with record-low unemployment, bumper wage deals and ultra low interest rates making consumers more willing to open their purse strings. After a slight dip in last month's readings, German consumers' willingness to buy improved further in May while their economic expectations also brightened.

Greece could avoid paying back the IMF on June 5 without defaulting if it lumps together all IMF repayments due in June and pays them at the end of the month.. This would also win Athens more time to negotiate a funding deal. Greece has to repay the International Monetary Fund 300 million euros on June 5, the first of four instalments due in June that total 1.6 billion euros.

Forex

	Exchange Rate	Change
		On Week	YTD
EUR/USD	1.0873	-2.46%	-10.13%
USD/JPY	123.0800	1.98%	2.76%
GBP/USD	1.5380	-0.83%	-1.26%
EUR/GBP	0.7065	-1.68%	-9.01%
USD/CHF	0.9529	1.72%	-4.16%

The dollar scaled a one-month high against a basket of major currencies, having remained bid after comments from Federal Reserve Chair Janet Yellen reinforced a tightening bias on interest rates.

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