UPDATED 7:20 ET
STOCKS – Stocks in Europe were little changed as German business confidence rose to the highest level since April 2012 and investors weighed comments by European Central Bank officials. U.S. index futures and Asian shares were also little changed.
BONDS – Treasuries headed for a weekly decline amid speculation the Federal Reserve is moving toward reducing its monthly bond purchases as the outlook for the world’s largest economy improves.
COMMODITIES – Crude Oil headed for the first weekly advance in almost two months as applications for unemployment benefits in the U.S. fell and negotiators made little progress in talks with Iran in Geneva.
CURRENCIES – Australia’s dollar dropped, poised to match its longest run of weekly declines in seven years, amid speculation the nation’s central bank will take steps to curb currency strength.
ECONOMIC DATA – CAD Core Retail Sales and CPI, FOMC Member George Speaks at 8:40,FOMC Member Tarullo Speaks at 12:15 ET.