Pre-market activity and scheduled economic data that may have an impact on
the global financial markets.
WORLD HEADLINES – European bonds rose and stocks were mixed as investor focus switched back to central banks after the release of minutes of last month’s Federal Reserve meeting. Traders will pay attention to Fed and central bankers scheduled to speak later in the morning session.
STOCKS – The MSCI All-Country World Index jumped to the highest on record.
BONDS – The yield on 10-year Treasuries sank one basis point to 2.34 percent, the lowest in more than a week. Germany’s 10-year yield declined less than one basis point to 0.46 percent.
COMMODITIES – Gold increased 0.2 percent to the highest in more than two weeks.
CURRENCIES – Foreign currencies were mostly mixed during the overnight trading session. The euro retreated into consolidation mode during the London session.
ECONOMIC DATA – US PPI m/m and Unemployment Claims due at 8:30, Fed Members and ECB President Draghi Speak at 10:30, Natural Gas Storage also due at 10:30 and Crude Oil Inventories at 11:00 ET.
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COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.