Syria events ------------- http://blogs.aljazeera.net/live/middle-east/syria-live-blog-march-25 5:06pm Al Jazeera's Rula Amin, reporting from Damascus, says: It is escalating very quickly. The protests are spreading throughout Syria._There are several casualties, some people say eight, and some say 20. It is not possible to independently verify these numbers. 4:58pm A witness and Deraa resident who was at the protest earlier tells Al Jazeera: It was peaceful. Protesters tried pull down a statue of president Al-Assad, then the police opened fire on the protesters. 4:54pm Syrian security forces kill at least 20 people in town of Sanamein, near Deraa, a witness tells Al Jazeera: There are more than 20 martyrs .... they (security forces)_opened fire haphazardly. -------- Now analysts started talking about summer demand ( this is 2 nd one, we heard another analyst talk yesterday ) --- http://www.marketwatch.com/story/oil-futures-ease-back-but-hold-over-105-2011-03-25 1/âContinued fighting in Libya and protests in other Arab countries have given further support to oil prices, though additional impulses are currently lacking for any further rise of prices,â Commerzbank said in a note. 2/Analysts at J. P. Morgan raised their price expectation for Brent, the benchmark crude oil for Europe, saying they expect more supply disruptions. There is a strong likelihood of a price spike in the second quarter as the market demands additional oil to meet summer demand,â they said. They increased their second-quarter Brent price target to $118 a barrel, implying that the spot prices for oil âwill spend some time over $120 (a barrel) and could even see intraday highs reaching $130 (a barrel),â the J. P. Morgan analysts said. Brent for May delivery added 23 cents to $115.90 a barrel on ICE Futures in London. 3/ In Yemen, leaders were reportedly negotiating the exit of longtime President Ali Saleh as thousands took to the streets to protest the government. 4/ Antigovernment protests also rocked Syria, where protests continued to be met by deadly fire.
Plosser (FED) talking dollar up saying will have to reverse easing policy in the short term Treasuries, FX and commodities all sink at the same time Edit: Where's BCE? Plossers's full speech 12 pages http://www.philadelphiafed.org/publ...011/03-25-11_shadow-open-market-committee.pdf