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Pre-Market Trading Report for Stocks, Bonds, Commodities and Forex

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STOCKS – European stocks slid as a report showed German industrial production contracted the most in more than five years. U.S. index futures also retreated, while Asian shares advanced.
 
BONDS – Germany’s 10-year bond yields fell to the lowest in a month as data showing industrial production dropped the most since 2009 in August boosted speculation the outlook for Europe’s largest economy is deteriorating.
 
COMMODITIES – Brent crude declined after disappointing German output reinforced concern that global oil demand will falter. West Texas Intermediate fell.
 
CURRENCIES – The yen strengthened against most of its 16 major peers on speculation officials are growing uncomfortable with the pace of its depreciation.
 
ECONOMIC DATA – CAD Building Permits m/m due at 8:30, GBP NIESR GDP Estimate and US JOLTS Job Openings at 8:30, FOMC Member Kocherlakota Speaks at 13:20, FOMC Member Dudley Speaks at 15:00, JPY Current Account at 19:50, CNY HSBC Services PMI at 21:45 ET.
 
 
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