American Markets:   DOW JONES: 12441   + 38      NASDAQ:  2796      + 13

USDINR:      45.16     +0.07          EURINR:       64.07          +0.20              DXY :      74.57   - 0.33

GBPINR:      72.66     +0.12          EURUSD:       1.41           -0.01

GBPUSD:      1.61     -0.00           USDJPY:      80.80           -.14

Yesterday US markets were closed due to Memorial day. S & P's 500 Index futures added 0.4%. Treasuries rose, headed for their biggest two-month gain since August. U.S. payrolls probably rose 185,000 in May, slowing from a 244,000 gain in April, according to the median forecast in a Bloomberg News survey before Labor Department figures June 3. A separate survey showed the Institute for Supply Management's factory index likely fell to 57.6 this month, the lowest level since October.

Asian Markets: NIKKEI:  9595    + 90    HANG SENG:   23380   + 195       KOSPI: 2089   - 10     SGX NIFTY    5478    + 11

Japan Industrial Production Rose 1% in April

Japan's industrial production rose less than economists forecast in April & unemployment climbed, increasing the likelihood that the economy will contract for a third quarter.

Factory output rose 1% in April from a record drop in March, the Trade Ministry said in Tokyo today, missing the 2%median estimate of 30 economists surveyed by Bloomberg News. The jobless rate advanced to 4.7% from 4.6% as payrolls fell, a separate report showed.

The reports suggest that the immediate boost to the economy from manufacturers restarting their factories after the March 11 temblor may be limited. Toyota Motor Corp., Nissan Motor Co., and Honda Motor Co., the nation's three-biggest carmakers, said last week that their production plunged in April because of disruptions caused by the earthquake.

Toyota Motorsaid last week that its production in Japan fell 78%in April, the largest decline in 35 years. Nissan said its domestic output declined 49% while Honda said its Japan output fell 81%.

European Markets:  FTSE:  5938    + 57       CAC:  3942   - 8       DAX: 7160  -3

Euro Rises on Optimism Over Greece Aid

The euro climbed against most of its major peers, while Asian stocks and U.S. equity-index futures advanced amid speculation European nations will pledge more funds to repair Greece's finances. Wheat sank the most in three weeks after Russia said it will allow grain shipments to resume.

Europe's 17-nation currency strengthened 0.6% to $1.4369 and rose 0.5% to 116.13 yen as of 9:35 a.m. in Tokyo. The MSCI Asia Pacific Index climbed 0.6%, paring its steepest monthly slump in a year. Wheat tumbled as much as 4.4%. Oil erased earlier losses, while copper snapped a four- day advance in New York.

EU leaders will decide on a new aid package for Greece by the end of next month, said Luxembourg's Jean-Claude Juncker, who leads the group of euro-area finance ministers. Greek Prime Minister George Papandreou said on May 27 he'll press ahead with new austerity measures after failing to win backing from the main opposition parties.

The euro appreciated against 14 of its 16 most-actively traded counterparts. It slid against all but 2 yesterday after Antonis Samaras, leader of Greece's biggest opposition party, New Democracy, rejected Papandreou's plan