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Main events of the upcoming.........>

US DATA PREVIEW
US DATA PREVIEW: Main events of the upcoming week's data are Friday's Q1 GDP
(1.9% est vs. 2.9% prior) and Q1 ECI (0.7% est. vs. 0.6% prior). JP Morgan
economists said "Friday's 1Q employment cost index will be an important signal
on wage inflation, and we look for a solid 0.7% increase for the quarter. Also
on Friday, the BEA will release its first official estimate of 1Q GDP, for which
we forecast real growth of only 1.7% saar."

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