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DailyFXTeam

  1. SPAIN'S BANKIA: EU5.5 billion provision needed to cover potential loan losses aside from real estate.
  2. SPAIN'S BANKIA: Core capital ratio to stand at 9.8% following recapitalization
  3. Bankia unit to carry out 12 billion euro capital increase.
  4. CATALAN PARTY SPOKESPERSON: Convinced Spain won't get a bailout, and says it is not needed.
  5. CATALAN PARTY SPOKESPERSON: EU should recapitalize Spanish banks if needed, and Spain should have created a bad bank
  6. CATALAN PARTY SPOKESPERSON: Spanish PM Rajoy told him the Spanish government would support regions
  7. CATALAN PARTY SPOKESPERSON: ECB has a role to play in helping Spain with its debt.
  8. Mexico's fix exchange rate at 14.0156, central banks says
  9. IIF'S DALLARA: EU, IMF should lend Greece another EU10 billion.
  10. $EURUSD: Euro remains lower at $1.2512 after Spanish banks rating cut.
  11. S&P raises issue rating on untendered Greek bonds to "CCC".
  12. CANADIAN FIN. MIN.: 2011/12 federal deficit figures released today show the government is on track of budget announced on March 29th.
  13. PRECIOUS METALS: Gold advances 0.46% to $1566.6/ounce. Silver erases loss, trades little changed at $28.3/ounce
  14. CANADIAN BUDGET BALANCE (CAD) (MAR) M/M WAS -9.03B VS. 1.48B PREVIOUS.
  15. U.K. 10-year Gilts advance; yield declines 3 bps to 1.75%.
  16. Spanish two-year notes fall; yield climbs 10 bps to 4.29%.
  17. Romanian end-April budget deficit at 0.83%/GDP.
  18. U. OF MICHIGAN CONFIDENCE INDEX (FINAL) WAS UPWARDLY REVISED TO 79.3 FROM 77.8 INITIALLY ESTIMATED.
  19. German 10-year bunds rise; yield falls 2 bps to 1.37%.
  20. BBA LIBOR: (1 mo) USD: 0.24; EUR: 0.33; GBP: 0.67; JPY: 0.14; CAD: 1.13.