** US & ASIAN WRAP **

March 20th, 2006
** US MARKETS **
Dow 0,23%; Nasdaq 0,3%; S&P 0,15%; Soxx 0,06%; Russel2k 0,31%; DJAIG -0,12%; 10yr Bond -0,03%; 10yr Yield 4,67%; Crude future 62,95; Gold 556,29
| Industrials 0,59%| Technology 0,41%| Healthcare 0,33%| Financials 0,27%| ConsStaples 0,21%| ConsDisc 0,16%| Materials 0,16%| Utilities -0,46%| Telecom -0,52%| Energy -0,94%
** ASIAN MARKETS **
Nikkei 1,74%; Kospi 0,42%; HSI 0,9%; Taiwan -0,18%; China 1,02%; India 0,67%; Thailand -0,83%; Australia 0,59%

** HEADLINES **

- Bernanke May Say Fed’s Credibility Will Keep Long-Term Interest Rates Low
- Bear Stearns, Lehman Revenue Growth Curbed by Slowing U.S. Housing Market
- U.S. Commercial Building Surges to Best Year Since 2001 as Housing Ebbs
- Dollar May Drop as Traders Predict Fewer Federal Reserve Rate Increases
- U.S. Stocks May Extend Rally, With Bears Ready to Reverse Course and Buy
- Oracle May Post Third-Quarter Profit Gain on Faster Database Sales Growth
- U.S. Treasury Rally May Continue as Inflation Slows, Housing Market Cools
- Sugar, Not Oil, Bonds or Stocks, May Be Best-Performing Investment in 2006

- Alinta Makes $5.1 Billion Hostile Bid for Australian Gas After Rejection
- Asian Stocks Rise to a Two-Month High; Nikko, Woori Investment Lead Gains
- Ford’s Volvo to Start Making S40 Luxury Sedans in China, Compete With BMW
- India’s Central Bank Plans to Detail Steps to Make Rupee Fully Convertible

** IN PLAY TODAY **

Leading Indicators are reported today at 16:00 CET. Oracle will report after the US market closes.

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