UPDATED 7:15 ET
STOCKS – European stocks advanced, extending their weekly gain as a report showed the euro-area economy grew faster in the fourth quarter than anticipated. U.S. stock-index futures and Asian shares were little changed.
BONDS – Treasury market volatility fell to the lowest level in almost nine months after the U.S. Congress approved a 13-month suspension in the federal borrowing limit.
COMMODITIES – Gold headed for the biggest weekly advance since October as U.S. economic data that trailed estimates increased haven demand, with holdings in the biggest exchange-traded product expanding to an almost two-month high. Natural-gas futures headed for the first weekly gain since Jan. 24 in New York as frigid U.S. weather spurs demand for heating fuel, sending inventories to a 10-year seasonal low.
CURRENCIES – The US Dollar weakened before U.S. reports that economists said will show growth in industrial production slowed in January and consumer sentiment worsened this month.
ECONOMIC DATA – CAD Manufacturing Sales due at 8:30, US Industrial Production at 9:15, Prelim UoM Consumer Sentiment at 9:55 ET.