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Pre-Market Trading – Crude Oil Extending Gains

UPDATED 6:45 am ET

STOCKS – European shares and US stock futures climbed on growing confidence that central banks around the world will support the economy.
 
BONDS – Treasuries declined after Federal Reserve Chair Janet Yellen suggested that the central bank may increase interest rates sooner than anticipated next year.
 
COMMODITIES – Oil climbed in New York, extending its biggest advance in more than a week amid speculation that crude’s plunge to a five-year low may have been excessive.
 
CURRENCIES – Switzerland’s franc weakened the most in nine months versus the euro after the nation’s central bank introduced negative interest rates to help defend the currency’s cap.

ECONOMIC DATA – US Unemployment Claims due at 8:30, Philly Fed Manufacturing Index at 10:00, Natural Gas Storage at 10:30 ET, Monetary Policy Statement (tentative).