Pre-market trading activity and scheduled economic data that may have an impact on the global financial markets.
WORLD HEADLINES – European shares rose for the first time in a week and emerging markets advanced as a gauge of commodities climbed for the sixth straight day and minutes of the Federal Reserve’s last meeting damped prospects for a U.S. interest-rate hike.
STOCKS – S&P 500 futures were little changed, after shares eked out gains on Wednesday following the release of the Fed minutes.
BONDS – Treasuries due in a decade were little changed, leaving the yield at 1.56 percent.
COMMODITIES – The change in the number of cubic feet of natural gas held in underground storage during the past week will be released today at 10:30 am ET. Active futures traders will be focused on trading the data release for opportunities. Crude oil rose for a sixth day, the longest advance in more than a year, as U.S. crude and gasoline stockpiles dropped from the highest seasonal level in at least two decades.
CURRENCIES – Britain’s pound was the biggest winner against its U.S. counterpart, climbing after a report showed U.K. retail sales jumped more than economists forecast in the month after Britain voted to quit the European Union.
ECONOMIC DATA – ECB Monetary Policy Meeting Accounts due at 7:30, US Unemployment Claims, Philly Fed Manufacturing Index and CAD Foreign Securities Purchases at 8:30, FOMC Member Dudley Speaks at 10:05, Natural Gas Storage at 10:30 ET.
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