Monday, April 5, 2004

GMT                                                        Expected  Previous
0750  FRA  Mar     Services PMI                                          58.6
0755  GER  Mar     Services PMI                                54.0      54.1
0830  UK   Mar     Services PMI                                59.5      59.5
0830  UK   Feb     Industrial Production                     +0.5%MM   +0.1%MM
                                                             +0.2%YY   +0.4%YY
0830  UK   Feb     Manufacturing Output                      +0.4%MM   +0.2%MM
                                                             +1.4%YY   +1.5%YY
1200  GER          ECB Pres Trichet speaking At AmCham
                   event, Frankfurt
1300  FRA          Weekly T-bill Auction
1330  GER          ECB calls for main refi ops bids
1400  US   4Q      Manufacturers' Profits                                5.0%
1400  US   4Q      Retailers' Profits                                    2.5%
1400  US   Mar     ISM Non-Manufacturing Business Index        61.2      60.8
1530  ITA          Treasury details amounts of BOTs to be
                   auctioned Apr 8
2330  JPN          10-year Government Bond Auction
N/A   EU           E.U.'s Lamy meets  European Satellites
                   Operators Association Pres Beretta
N/A   EU           E.U.'s Bolkestein in Budapest from Apr 5 to Apr 6.