| * China trade growth accelerates in April * Mexico's auto boom * Russia and US agree to Syria conference after Moscow talks * Brazilian pension funds go global * Argentina: "Blue dollar" breaks 10 to 1 barrier * Imran Khan injured at rally ahead of Pakistan's election Markets: up China trade growth accelerates in April Chinese export and import growth accelerated in April, an apparent indication of strength in the economy but one that also raises questions about the quality of the data. http://www.ft.com/cms/s/0/46bef8d8-b78d-11e2-a249-00144feabdc0.html Mexico's auto boom The newest figures from the Mexican auto industry association, AMIA, point to continued powerful growth not only from the car makers themselves but from associated industries. http://blogs.ft.com/beyond-brics/2013/05/07/mexicos-auto-boom/ Russia and US agree to Syria conference after Moscow talks Russia and the US agreed to hold a peace conference to find a solution to the conflict in Syria, even as President Barack Obama said he was as determined to deal with the regime of President Bashar al-Assad as he had been with the likes of Osama bin Laden. http://www.ft.com/cms/s/0/4abb0ee4-b752-11e2-841e-00144feabdc0.html Brazilian pension funds go global As little as a year ago, Brazil's greatest concern was the currency war – a tsunami of international funds that it believed was threatening to inundate its financial markets and those of other emerging countries. http://www.ft.com/cms/s/0/c7b7bfea-b730-11e2-a249-00144feabdc0.html Argentina: "Blue dollar" breaks 10 to 1 barrier It's been a tough 24 hours for the people who run the Argentine economy. A day after President Cristina Fernández de Kirchner promised that there would be no devaluation of the peso under her administration, everything seemed to go sideways. http://blogs.ft.com/beyond-brics/2013/05/07/argentina-blue-dollar-breaks-10-to-1-barrier/ Imran Khan injured at rally ahead of Pakistan's election Imran Khan, the Pakistani cricketer turned reformist politician, was injured in a fall at an election rally on Tuesday night, four days before a vote that will mark Pakistan's first transfer of power between one democratically elected government and another. http://www.ft.com/cms/s/0/47f4b35e-b72f-11e2-a249-00144feabdc0.html Emerging Markets MSCI Emerging Market Index up +0.38% at 1,056 Americas DJIA up +0.58% at 15,056 S&P 500 up +0.52% at 1,626 Bovespa up +1.52% at 56,275 Asia Nikkei 225 up +1.35% at 14,372 Topix up +1.23% at 1,203 Hang Seng up +0.56% at 23,176 Shanghai Composite up +0.11% at 2,238 MSCI Asia ex-Japan up +0.60% at 562.14 CNX Nifty up +1.21% at 6,044 Currencies €/$ 1.31 (1.31) $/¥ 99.03 (98.96) Commodities Brent Crude (ICE) down -0.05 at 104.35 Light Crude (Nymex) up +0.07 at 95.69 100 Oz Gold (Comex) up +6.50 at 1,456 |