UPDATED 4:45 am ET
STOCKS – European stocks rose for the first time in five days as Enel SpA to BT Group Plc posted better-than-estimated earnings and investors awaited the outcome of the European Central Bank’s meeting. U.S. index futures were little changed, while Asian shares climbed.
BONDS –Treasury 30-year yields were close to the lowest level in 11 months after Federal Reserve Chair Janet Yellen said inflation and employment are short of the central bank’s goals.
COMMODITIES – Gold held below $1,300 an ounce after the biggest one-day drop in three weeks on speculation that the U.S. Federal Reserve will further reduce monetary stimulus as the economy recovers..
CURRENCIES – Australia’s dollar climbed to a three- week high after the country’s employers boosted payrolls in April and Chinese imports and exports unexpectedly increased.
ECONOMIC DATA – GBP Official Bank Rate dute at 7:00, Minimum Bid Rate at 7:45, ECB Press Conference and US Unemployment Claims at 8:30, Fed Chair Yellen Testifies at the 9:30, Natural Gas Storage at the 10:30, RBA Monetary Policy Statement and CNY CPI y/y at 21:30, ET.