THE WORLD'S TODAY FINANCIAL NEWS ON APRIL 15, 2015

The European Central Bank today left interest rates unchanged after its latest meeting. At 8:30 a.m. ET, ECB President Mario Draghi holds a news conference. Minneapolis Fed President Narayana Kocherlakota said he's worriedundesirably low inflation could be embedded in the U.S. economy for years. That's why he favors holding off on rising interest rates this year. Today's economic reports include two from the Fed: April numbers onindustrial production and factory capacity at 9:15 a.m. ET, and the latest Beige Book of regional growth activity at 2 p.m. ET. At 10 a.m. ET, the National Association of Home Builders is out with its monthly sentiment index for April. Meanwhile, the Energy Department releases its report on oil and gasoline inventories at 10:30 a.m. ET. Demand for oil will be higher this year than previously thought, according to new forecasts from the International Energy Agency. But it warned that uncertainty surrounding the Iran nuclear deal means market rebalancing could still be in its early stage. (CNBC) China's economy grew at its slowest pace since 2009, building the case for further stimulus from policymakers. Gross domestic product there expanded 7 percent in the three months to March.

	STOCKS TO WATCH

Intel (INTC) late Tuesday reported earnings that matched expectations, butrevenue that fell short. The computer chipmaker also issued conservative forward guidance. CSX (CSX) beat estimates with earnings, while revenue was essentially in line. The rail operator also announced a $2 billion stock buyback, and raised its dividend by 13 percent to 18 cents per share. Finland's Nokia (NOK) has agreed buy Alcatel-Lucent (ALU) in a deal valuing the French telecom at $16.6 billion. But after rising sharply Tuesday on the promise of a deal, Alcatel-Lucent was sharply lower in premarket trading. Target (TGT) is near a settlement with MasterCard (MA) over the retailer's2013 data breach, according to the Wall Street Journal. The settlement would see Target reimburse financial institutions for about $20 million in costs related to reissuing credit cards. Target is in the midst of a separate negotiation with Visa (V).