Pre-market activity and scheduled economic data that may have an impact on the global financial markets.
STOCKS – Futures on the S&P 500 index traded lower ahead of the Wall Street opening bell.
BONDS – U.S. Treasuries due in a decade gained for the first time in four days, pushing their yield down by three basis points to 1.56 percent.
COMMODITIES – Pressure remained on crude oil prices after they settled down more than 1 percent on Monday, as rising stockpiles of crude and refined fuel intensified fears of another major supply glut. Gold traded higher.
CURRENCIES – The Australian dollar fell 1 percent to a 11-day low while the New Zealand dollar hit a three-week trough, as investors ramped up bets that both central banks could cut their interest rates as early as next month.
ECONOMIC DATA – US Building Permits and Housing Starts due at 8:30, NZD GDT Price Index (tentative), GBP MPC Member Broadbent Speaks at 10:05 ET.
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