UPDATED 7:10 am ET
STOCKS – European stocks advanced, after falling yesterday from a six-year high, as investors awaited data on U.S. retail sales and jobless claims to gauge the health of the world’s largest economy. U.S. index futures were also little changed, while Asian shares declined.
BONDS – A five-month surge in Treasury 30- year bonds is pausing in June before the U.S. sells $13 billion of the debt today.
COMMODITIES – OPEC, which supplies about 40 percent of the world’s crude, kept its production target unchanged in a widely anticipated move that left the group’s output below forecast demand for the rest of the year.
CURRENCIES – The pound appreciated for a seventh day versus the euro, extending the longest run of gains since September, as signs the U.K. economy is accelerating pushed the currency to its strongest level in 18 months.
ECONOMIC DATA – Grains weekly export sales, US Core Retail Sales m/m and Unemployment Claims due at 8:30, Business Inventories m/m at 10:00, Natural Gas Storage at 10:30, BOC Gov Poloz Speaks at 11:15, BOE Gov Carney Speaks at 16:00 ET, JPY Monetary Policy Statement (tentative).