Nikkei edges up in choppy trade, investors still wary after recent tumult

Wed May 29, 2013 8:04am BST

TOKYO, May 29 (Reuters) - Japan's Nikkei share average
inched up in choppy trade on Wednesday, with investors still
wary after last week's tumultuous trade raised concerns about
the outlook as the market retreats from 5-1/2-year highs.
The Nikkei finished up 0.1 percent at 14,326.46,
after trading as high as 14,512.28 and as low as 14,243.49.
The index saw its first two-straight days of gains since
last Thursday's 7.3 percent slide, its biggest one-day
percentage drop since the March 2011 earthquake and tsunami.

FTSE100 firmly lower in early deals as profit-takers emerge

German Unemployment Change 21K 4K 4K

EUR M3 Money Supply y/y 3.2% 2.9% 2.6%

EUR Private Loans y/y -0.9% -0.4% -0.8%

Mr Bean speaks @10:30.

GBP CBI Realized Sales -11 4 -1

FTSE 100 sharply lower at midday after OECD predictions

ECB needs to come to euro zone's rescue again - OECD

(Reuters) - The European Central Bank, which shored up the euro zone last year, needs to act again to lift the bloc out of recession, the OECD said on Wednesday, calling for bold steps beyond just interest rate cuts.

The 17-nation euro zone is suffering its longest economic downturn since its creation in 1999, weakened by public debt and banking crises that have nearly shattered the currency area.

FTSE 100 tumbles as OECD outlook spooks investors