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Pre-Market Trading – Wheat Declines

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UPDATED 6:45 am ET

STOCKS – Stocks rose around the world, heading for their biggest weekly rally since October, while the yen weakened. 
 
BONDS – Janet Yellen is sending the world’s biggest bond market into gyrations and Pacific Investment Management Co. said there are more to come.
 
COMMODITIES – Wheat declined from a seven-month high on speculation that U.S. grain remains too expensive for shippers to benefit from a potential decline in exports from Russia.
 
CURRENCIES – The yen fell for a third day against the dollar as Japan’s two- and five-year bond yields dropped to records after the Bank of Japan maintained unprecedented stimulus.

ECONOMIC DATA –  CAD  Core Retail Sales m/m due at 8:30 ET.
 
 
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