The GigaEU Radar: Three European events to watch this week

WSJ Markets

• Euro Becomes the Port in a Storm
  Abreast of the Market: Assets from Japanese stocks to U.S. Treasurys have slumped this spring. But the euro has largely avoided the volatile trading that has whipsawed other currencies.
• Smithfield Is Urged to Carve Itself Up
  Smithfield Foods is being pressured by investor Starboard Value to explore a breakup of the pork producer rather than follow through with its planned $4.7 billion takeover by Chinese meat company Shuanghui.
• Fannie, Freddie Future Finds Focus
  Congress is gearing up to tackle an issue that Washington has mostly ignored for nearly five years: What to do with Fannie Mae and Freddie Mac, the bailed-out but now-profitable mortgage companies.
• Banks Balk at Rules for Small Loans
  Large banks are pushing back against regulators' plans to toughen rules on short-term, high-interest consumer loans.