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Pre-Market Trading Report – Crude Oil Breaks $45

UPDATED 6:40 am ET

STOCKS – European stocks advanced for a second day, as retailers climbed and data showed U.K. inflation fell to the lowest level in 15 years. U.S. stock-index futures climbed, signaling the Standard & Poor’s 500 Index may halt a two-day drop.
 
BONDS – Treasuries rose, with 10-year yields matching the lowest in 20 months, as a slump in commodities prices damped the outlook for inflation before today’s $21 billion debt sale.
 
COMMODITIES – Oil extended losses to trade below $45 a barrel amid speculation that U.S. crude stockpiles will increase.
 
CURRENCIES – The euro fell toward a nine-year low versus the dollar as officials fueled speculation the European Central Bank will begin buying government bonds as early as next week to stave off deflation.

ECONOMIC DATA –  US  JOLTS Job Openings due at 10:00,  US 10-y Bond Auction at 13:01 ET.