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Wednesday’s Events: Fed’s Beige Book, Fed & ECB Speakers, Canadian Q1 Cap. U.

The Fed's Beige Book and some Fed speakers will top the economic data menu for the United States on Wednesday as Canadian markets receive first-quarter capacity utilization data. In Europe, markets will also be preparing to hear from J?Stark of the European Central Bank speaking at a Boston Fed Conference on Inflation, and with oil prices surging, the Department of Energy's oil inventories will draw much attention.