PRECIOUS-Factors to watch on May 3

U.S. factory orders for March - 1400 * Redbook weekly U.S. retail sales - 1255 * U.S. auto sales for April [ECI/US] [ECI/EURO] [ECI/GB] [M/DIARY] [MTL/DIARY] MARKET NEWS * Asian shares fell, led by falls in Australian stocks on declining commodities...