Oil and global stocks rallied on Friday after results at Ford Motor Co and
others showed companies are weathering the recession while reassuring U.S. and
German economic news offset more bleak economic data.

Oil jumped above $51 a barrel on rising equity optimism, a weaker dollar
and government data showing the inventory of U.S. homes for sale plummeted at a
record pace in March.

Finance leaders from the world's largest economies, meeting in Washington,
said recent data suggest that the pace of decline has slowed and some signs of
stabilization are emerging. [ID:nSP489746]

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MARKET REPORTS:
> GLOBAL MARKETS-Oil, global stocks rise on economic data [ID:nN24443268]
> MONEY MARKETS-Dollar Libor mostly lower, eye on bank tests [ID:nLO103134]
> EMERGING MARKETS-Gains made on back of US stock rally [ID:nN24448445]
> COMMODITIES-Stockmarket rally drives broad rise [ID:nN24444478]
MAIN ECONOMIC AND FINANCIAL NEWS DRIVING GLOBAL MARKETS
> Top banks must hold sizeable capital buffer - Fed [ID:nN24404483]
> G7 sees signs of economic stabilization [ID:nN24475650]
> G24 to study China proposal on new global currency [ID:nN24345060]
> US banks should look to shareholders for capital - Bair [ID:nN24425956]
> Moodys downgrades American Express on weaker revenue [ID:nN24423694]
> GM draws $2 bln in new aid, US works on Chrysler deal [ID:nN24447579]
> US manufacturers see no quick economic rebound [ID:nN24404354]
> US durable goods orders fall, new home inventories shrink [ID:nN24416975]
> Nomura books $2.2 bln Q4 loss, after absorbing Lehman assets [ID:nT1801]
> Ford posts smaller than expected loss, shares jump [ID:nN24400235]
> German business morale improves, lifts recovery hopes [ID:nLO35398]
> UK economy suffers biggest constraction since 1979 [ID:nLO33955]
> Spanish unemployment doubles in year to 4 mln [ID:nLO15784]
> China confirms raised gold reserves by 75 pct since 2003 [ID:nPEK307477]
> China forex reserves stick to major currencies [ID:nPEK310677]
ANALYSIS RELATED TO GLOBAL ECONOMIC CRISIS
> US officials walk tightrope on bank stress tests [ID:nN22535525]
> Few patients ready to take new IMF vaccine [ID:nN23550135]
> GM, Chrysler pensions raise bankruptcy stakes [ID:nN23264487]
> US faces tough job to sell record debt issuance [ID:nLM3467]
> Bear market still grips stock, credit markets [ID:nN20421703]
> Bonds show US bank winner and losers parting ways [ID:nN21468540]
> Emerging market stocks find decoupling hard to do [ID:nN21386965]
> Too soon to say world economy in the clear [ID:nN17352708]
> Global economic recovery: slow training coming [ID:nLE102058]
> Can Citigroup's results be sustained ? [ID:nN17362044]
> With downturn easing Federal Reserve not eyeing new programs [ID:nN14440821]
FACTBOXES
> 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]
> Is the global financial crisis over ? [ID:nLK49423]
> Where has all the US bailout money gone ? [ID:nN0289041]
> US faces potential $10.9 trln economic rescue bill [ID:nN06393634]
> What is the $1 trillion in new G20 financing ? [ID:nL2128488]
> 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]
> IMF emergency loan programmes in past six months [ID:nLQ355696]
> Federal Reserve statement after March 17-18 meeting [ID:nN18366605]
> Bank of Japan on subordinated loans to banks [ID:nT326441]
> Central banks turn to new measures to help economies [ID:nLH53270]