Quick Overview

OPEC's President said that they will increase production by 500,000 barrels per day, starting on May 1st.

June gold was helped by comments from U.S. Treasury Secretary Snow saying he does not favor the IMF plan of selling gold to provide debt relief to less developed countries.

New vehicle sales in Canada jumped up 12.8% in February to 142,658 vehicles.

Germany's central bank said that the economy grew 0.2% in the first quarter of 2005.

The Nikkei 225 fell over 3% to 10,938, the lowest close in four months, hurt by a slowing U.S. economy and dispute with China.