- U.S. Treasury Secretary John Snow on Wednesday said he expects U.S. payroll data on Friday to reflect a strong economy that will increase federal tax revenues and help to shrink budget shortfalls.
- Kansas City Federal Reserve President Hoenig was quoted saying the federal funds rate is "close" to where it needs to be.
- An index of services in Europe stayed at 58.2 in March, the highest in five years.
- U.K.’s Factory production was down 0.2% in February, weaker than expected.
- The German government confirmed the deadly strain of Asian bird flu was found on a poultry farm near Leipzig. 10,000 animals will be slaughtered as a first step in trying to stop the spread of the virus.
- London Copper inventory is at 113,925 tons.
- The U.S. Department of Energy said that:
Supplies of crude oil were up 2.1 million barrels to 342.8 million barrels.
Supplies of unleaded gasoline were down 4.4 million barrels
Supplies of heating oil supplies were down 1.7 million barrels.
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