Note: Public holiday for Japan

Currencies

• EUR/USD The dollar rose versus higher-yielding currencies as the U.S. and Australia increased security at their embassies around the world on concern this week's killing of Osama bin Laden will lead to revenge attacks.
  • The greenback appreciated 0.1 percent to $1.4813 per euro as of 6:02 a.m. in London.


• USD/JPY The yen rose against most of its major counterparts as Asian stocks declined amid signs global economic growth is losing momentum, boosting demand for the relative safety of Japan's currency.
  • Japan's currency gained 0.3 percent to 80.99 per dollar around 6 a.m. London time after touching 80.98.


• GBP/USD The U.S. dollar advanced in Asian trading hours Tuesday, in what's shaping up to be a choppy week for the greenback ahead of a key jobs report Friday.
  • The British pound declined 0.14% and reached $1.6610 from $1.665.

Commodities

• Gold Precious metals prices fell on Tuesday, after the main U.S. metals exchange announced higher margin requirements, the third such hike in a little more than a week.
  • Another factor weighing on gold included the death of Osama bin Laden, which triggered selling in the less-risky asset classes of precious metals.
  • Gold for June delivery dropped $10.10, or 0.7%, to $1,547.00 an ounce.

• Oil dropped for a second day in New York on signs U.S. economic growth may slow, while price swings strengthened on concern that the death of Osama bin Laden will lead to retaliatory attacks by terrorists.
  • Oil for June delivery slipped as much as 77 cents to $112.75 a barrel in electronic trading on the New York Mercantile Exchange and was at $112.93 at 11:45 a.m. Singapore time.

Equities

• U.S.stocks retreated, pulling the Standard & Poor's 500 Index down from the highest level since June 2008, as a slump in commodity producers overshadowed optimism spurred by the death of Osama bin Laden.
  • The S&P 500 slipped 0.2 percent to 1,361.22 at 4 p.m. in New York.
  • The Dow Jones Industrial Average lost 3.18 points, or less than 0.1 percent, to 12,807.36 after climbing as much as 65 points.


• European stocks advanced for an eighth day, the longest winning streak in 10 months, as U.S. President Barack Obama said al-Qaeda leader Osama bin Laden was killed in Pakistan yesterday.
  • U.K. and Irish equity markets were closed for a holiday yesterday.
  • Germany's DAX climbed 0.2 percent to 7,527.64 and France's CAC 40 added 0.05 percent to 4,108.77.


• Asian stocks declined as raw material producers fell and Australia & New Zealand Banking Group Ltd. and Hon Hai Precision Industry Co. posted earnings that missed analysts' estimates.
  • BHP Billiton Ltd., the world's biggest mining company and Australia's No. 1 oil and gas producer, and rival Rio Tinto Group fell at least 1.1 percent after crude and copper futures declined.
  • Hon Hai, the largest global contract maker of electronics, slipped 2.3 percent in Taipei.
  • Japanese markets are closed for a public holiday.
  • China's Shanghai Composite Index gained 0.2 percent, erasing losses of as much as 0.7 percent. Hong Kong's Hang Seng Index was rose 0.2 percent.

Sources: Bloomberg, FT