U.K. House Prices Rise at Slowest Pace Since December 2006, Rightmove Says

(Bloomberg) -- U.K. house prices rose this month at
the slowest pace since December as Britons rushed to list their
homes for sale to avoid the cost of new property-advertising
rules, Rightmove Plc said.

Asking prices rose 0.4 percent to an average 237,361 pounds
($468,000), compared with a gain of 3.6 percent in April,
Rightmove, the U.K.'s biggest real-estate Web site, said in a
statement today. On the year, the rate of price increases slowed
to 13 percent from 15 percent the previous month.


Read more at Bloomberg Bonds News

Alcatel, EADS, Sanofi, SEB, Publicis and Unibail: French Equity Preview

(Bloomberg) -- Shares of the following companies may
rise or fall on the Paris stock exchange. Symbols are in
parentheses after company names and prices are from the last
close.

June futures on the CAC 40 Index added 4 to 6045 at 8:12
a.m. in Paris.


Read more at Bloomberg Stocks News

Rubber Futures Extend Rally in Tokyo as Demand Boosted by Stronger Dollar

(Bloomberg) -- Rubber futures in Tokyo, the global
benchmark, gained for a fourth day after the dollar strengthened,
boosting demand for yen-denominated contracts for commodities
such as rubber that trade globally in the U.S. currency.

The dollar has strengthened 1.2 percent against the yen so
far this month, and traded at 121.25 as of 2:48 p.m. in Tokyo,
after climbing intraday to a three-month high of 121.39 on May 18.


Read more at Bloomberg Commodities News

Nikko to name three Citigroup execs to board-report

(Reuters) - The Nikkei said in its evening edition that Nikko had decided
to make the appointments, which include Citibank Japan Chief
Executive Douglas Peterson, in a bid to regain market trust after
an accounting scandal.




Citigroup launched its buyout bid after the accounting
scandal which hurt business at core retail unit Nikko Cordial
Securities and Nikko Citigroup Ltd., the companies'
eight-year-old investment banking joint venture.


Read more at Reuters.com Mergers News

BSkyB, EMI, Britvic, Cadbury Schweppes, Mitie: U.K., Irish Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in U.K. and Irish markets today. Stock symbols are in parentheses
and prices are from the May 18 market close.

The benchmark FTSE 100 Index rose 61.60, or 0.9 percent, to
close at 6640.90 in London as 77 stocks rose, 20 fell and 5 were
unchanged. The FTSE All-Share Index gained 29.09, or 0.9 percent,
to 3449.69.


Read more at Bloomberg Stocks News

Thailand's Bonds Fall Before Bill Auction, Rate Meeting; Baht Holds Gains

(Bloomberg) -- Thailand's 10-year bonds fell,
snapping a three-day gain, as yields at the lowest in more than
3 1/2 years may prompt investors to buy shorter-term securities
at a government auction. The baht was little changed.

The yield on the benchmark 10-year note has dropped more
than 1.25 percentage points this year and is now below the
central bank's key interest rate. Investors may also buy at the
combined sale today of 9 billion baht ($290 million) of 28-day,
91-day and 182-day bills before a Bank of Thailand meeting this
week where it's expected to lower its one-day rate.


Read more at Bloomberg Bonds News

Canadian Dollar May Rise to 1.04 on Elliott Wave, Goldman's Edgeley Says

(Bloomberg) -- The Canadian dollar may strengthen to
1.04 against the U.S. currency after reaching a 30-year high on
May 18, said Kevin Edgeley, a technical analyst at Goldman Sachs
Group Inc., citing charts that predict price movements.

The 1.04 level is the Canadian dollar's resistance on an
Elliott Wave that began in 1975, Edgeley wrote. Elliott Wave
Theory, created by Ralph Elliott in 1938, tries to predict future
price movements in a security by dividing past movements into
waves and calculating changes in value.


Read more at Bloomberg Currencies News