Oil prices rose on Friday on a more upbeat U.S. economic news while U.S.
stocks closed higher as rising optimism the worst of a deep recession may be
over offset selling pressure caused by investors locking in strong gains in
April.

The U.S. dollar and yen fell as the data lifted risk appetite and pared
demand for both currencies as a refuge for safety against the global slowdown.
The data knocked down U.S. government bond prices, sending yields to new
5-month highs.

MSCI's all-countries index .MIWD00000PUS for the eighth straight week, as
did the tech-heavy Nasdaq, its longest streak since December 1999.

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MARKET REPORTS:
> GLOBAL MARKETS-Oil, global stocks rise on improving sentiment[ID:nN01611933]
> MONEY MARKETS-Dollar Libor neart 1.0 pct, repo penalty begins[ID:nN01327091]
> EMERGING MARKETS-Stocks stay at 6-month highs [ID:nL1131030]
> COMMODITIES-Markets start May with a rally [ID:nN01303848]
MAIN ECONOMIC AND FINANCIAL NEWS DRIVING GLOBAL MARKETS
> US consumer confidence, manufacturing rise, auto sales weak [ID:nN01402214]
> US bank stress test results due May 7 - source [ID:nN01312288]
> Fed throws TALF life-line to commercial real estate [ID:nN01325171]
> US commercial mortage delinquencies jump [ID:nN01320022]
> Global corporate defaults highest since 2002 in April - S&P [ID:nN01627597]
> US April auto sales plunge to 30 year low [ID:nN01309728]
> Chrysler idles factories, urges court to approve plan [ID:nN01307551]
> SMFG buys Citi Japan units for $5.9 bln, eyes Daiwa [ID:nBNG446757]
> Mexico sees flu outbreak stabilizing but country shutdown [ID:nN01275153]
> UK lending weak in March, no sign yet of QE boost [ID:nL12947]
> UK company failures soar, insolvencies at record high [ID:nL1085515]
> Emerging market stocks get 8th straight week of inflows [ID:nL1106915]
> Japan's MUFG sees first annual loss on share slide [ID:nT8737]
> Chrysler files for bankruptcy, signs Fiat deal [ID:nLU940906]
ANALYSIS RELATED TO GLOBAL ECONOMIC CRISIS
> Union, government control of US automakers seen a risk [ID:nN30154284]
> Mexico faces deeper recession on swine flu outbreak [ID:nN30198214]
> China growth seen boosting miners, autos, chemicals [ID:nLS802283]
> What the Fed is considering at this week's meeting [ID:nN27611182]
> Fed seen holding fire this week, taking stock of actions [ID:nN24447363]
> G20 pledges make hard work for finance ministers [ID:nLQ570304]
> China's big gold buy barely kept pace with forex [ID:nSP417869]
> US officials walk tightrope on bank stress tests [ID:nN22535525]
> Few patients ready to take new IMF vaccine [ID:nN23550135]
FACTBOXES
> Details of Chrysler bankruptcy, restructuring plan [ID:nN30323164]
> Fed purchases of agency MBS through April 22 [ID:nN28448776]
> TEXT-G7 communique-April 24 [ID:nN24515491]
> World government actions to limit bank bad loan damage [ID:nLL193589]
> Major US financial regulation reform initiatives [ID:nN20382395]
> Where has all the US bailout money gone ? [ID:nN0289041]
> US faces potential $10.9 trln economic rescue bill [ID:nN06393634]
> G20 summit final communique [ID:nL2577733]
> Key Obama financial regulation proposals [ID:nN26484944]
> US Treasury details toxic asset plan [ID:nLN437165]
> Q&A - How will the US asset clean up plan work ? [ID:nN23293892]
> US Treasury fact sheet on investment program [ID:nN23190502]
> Federal Reserve statement after March 17-18 meeting [ID:nN18366605]
> Bank of Japan on subordinated loans to banks [ID:nT326441]