For details of previous ECB overnight lending operationsplease go to the ECB web site: here Reporting by Frankfurt newsroom

For details of previous ECB overnight lending operationsplease go to the ECB web site: here (Reporting by Frankfurt newsroom). (For story please click[ID:nL2118897]) In January the ECB rewidened the gap between its maininterest rate and the overnight deposit rate back to adifference of 100 basis points from 50 basis points in a bid tomake depositing cash at its overnight facility less attractive. (See Reuters information page ECB40 for fulldetails) The overnight lending rate is now 2.25 percent and thedeposit rate is 0.25 percent after the ECB cut rates by 25 basispoints at its last meeting on April 2. The ECB said banks deposited 19.839 billion euros ($25.83billion) overnight on April 22, a fraction up from the 19.823billion euros reported on Wednesday, which was the lowest sinceSept 25. The ECB also said banks borrowed 78 million euros from itsovernight lending facility, compared with 61 million euros takenpreviously. FRANKFURT, April 23 (Reuters) - Overnight deposits bycommercial banks at the European Central Bank rose slightly, butremained close to 7-month lows, data on Thursday showed.

KazmirHideki Matsui             .317                             .200Bobby Abreu              .286                             .222Jason Giambi               .188                             .154 Guess which one of these three lefties got the start against Kazmir Thursday?  Yup, Jason Giambi.  In fact, not only did the Giamzero start, but he hit cleanup.  Cleanup!  That made for the formidable 4-5-6 of Giambi (.188 avg), Shelley Duncan (.188 avg.) and Morgan Ensberg (.224 avg.).  They all bat ahead of Robinson Cano (.350 avg. These are the season batting averages and the career batting averages against lefty Scott Kazmir for three left-handed hitters on the Yankees entering Thursday?s game versus the Tampa Bay Rays.Hitter                           2008 Avg       Avg v. "The consensus is that the economy bottomed out in thefirst quarter," central bank adviser Fan Gang told Reuters inan interview. "Growth of 7 to 8 percent this year is possible.The economy has started showing signs of stabilising, butgrowth still relies on government investment." (Reporting by Reuters bureaus worldwide; Writing by TomaszJanowski; Editing by Neil Fullick) Stocks Bonds China France Japan South Korea. The German Finance Ministry said on Thursday Europe'sbiggest economy was heading further down after its economicslump probably deepened in the first quarter of the year.[ID:nBAF001653] China remains one of the few bright spots with Beijing andprivate economists increasingly confident that it will comeclose to its 8 percent growth target this year with the help ofits $585 billion stimulus and a surge in lending early thisyear.

Britain, Germany, Italy, Spain and the euro area as a wholeare all expected to shrink sharply this year and keep oncontracting in 2010 The IMF expects the U.S. economy to merelystagnate next year after shrinking 2.8 percent this year. [ID:nN21500818] Several major economies are expected to fare far worse. The International Monetary Fund yet again cut its worldoutlook, predicting the economy will shrink 1.3 percent thisyear, by far the deepest post-war contraction.