TAKE-A-LOOK: Oil jumps on bullish inventory data, bonds steady

Oil prices jumped to almost $65 a barrel on Thursday, lifted by bullish
U.S. inventory data, while U.S. Treasury bonds recovered some ground a day
after worries about a record $1.75 trillion budget deficit sparked a sell-off.

The euro rose against the U.S. dollar and the yen fell broadly as
better-than-expected U.S. manufacturing data and a slide in jobless claims
lured investors in the Japanse currency into overseas assets.

European shares fell and many U.S. stocks trended lower after April new
home sales data and a downward revision to March's sales pointed to more
weakness in the slumping U.S. housing market.

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MARKET REPORTS:
> GLOBAL MARKETS-Oil jumps on bullish inventories, bonds steady[ID:nN28481599]
> MONEY MARKETS-Dollar borrowing costs slip but stress persists[ID:nN28390217]
> EMERGING MARKETS-Stocks lacklustre, Baltic CDS soar [ID:nLS2345]
MAIN ECONOMIC AND FINANCIAL NEWS DRIVING GLOBAL MARKETS
> US Treasury's Geithner to reassure China on debt course [ID:nN28370599]
> GM bondholders accept new offer ahead of bankruptcy [ID:nSP402834]
> About 12 pct of US homeowners late paying or in foreclosure [ID:nN28326090]
> US durables goods orders rise, jobless claims fall [ID:nN28317740]
> US commercial paper outstanding lowest in 8-years - Fed [ID:nN28326534]
> Canada bank earnings beat expectations, but bad loans rise [ID:nN28311974]
> Eurozone business confidence up, inflation expectations down [ID:nLS471972]
> South Africa central bank cuts rates but may now pause [ID:nLS944997]
> OPEC keeps oil output target unchanged [ID:nLS356370]
> South Korea manufacturing confidence at 3-year high [ID:nSEO336467]
> US economy has stepped back from brink - Obama [ID:nN27287318]
> Moody's affirms US top credit rating despite rising debt [ID:nN27157758]
ANALYSIS RELATED TO GLOBAL ECONOMIC CRISIS
> Chrysler's bankruptcy: the hard part is ahead [ID:nN27284698]
> Ailing US dollar sets gold on track for $1,000 mark [ID:nLR443457]
> EU banking supervision reform skirts big questions [ID:nLR694216]
> Inventory bounce may boost Europe's economies [ID:nLP628982]
> Fed, ECB must fight two battles at same time [ID:nN21308154]
> US economy at risk of double-dip recession [ID:nN20503870]
> GLOBAL ECONOMY-Falling profits mean more job losses [ID:nN22549408]
> Deficit woes likely to dog US dollar for some time [ID:nN22515992]
> Mutual funds copy hedge fund strategies in turf war [ID:nN20421234]
> Unravelling markets bode ill for US economic might [ID:nN21394511]
FACTBOXES
> By the numbers: China's dragon vs India's elephant [ID:nPEK145951]
> The Federal Reserve's evolving liquidity toolkit [ID:nN19437787]
> Major US financial regulation reform initiatives [ID:nN14510432]
> Obama administration efforts to tackle financial crisis [ID:nN14509260]
> US regulators propose regulating OTC derivatives [ID:nN13627181]
> Summary of 19 US stress tested banks' capital plans [ID:nN11540406]
> Full text ECB statement on rates, asset buying [ID:nECBTEXT]
> Facts and figures from Obama's budget [ID:nN06299995]
> TEXT-G7 communique-April 24 [ID:nN24515491]
> World government actions to limit bank bad loan damage [ID:nLL193589]
> Where has all the US bailout money gone ? [ID:nN0289041]
> G20 summit final communique [ID:nL2577733]
> US Treasury details toxic asset plan [ID:nLN437165]