UPDATED 7:15 am ET
STOCKS – European stocks rose for a fifth day, extending a six-year high, as investors awaited U.S. data on durable-goods orders and consumer confidence. U.S. index futures advanced, while Asian shares were little changed.
BONDS – Treasury two-year notes were poised to draw the lowest auction yield in three months as investors prepared to bid for $31 billion of the securities today.
COMMODITIES – Copper reached an 11-week high in London on speculation the government in China, the biggest consumer of the metal, will move to stoke the nation’s economy.
CURRENCIES – The dollar retreated from gains that pushed it to a one-month high against its major peers last week before a report economists said will show U.S. durable goods orders dropped in April.
ECONOMIC DATA – US Core Durable Goods Orders m/m due at 8:30, S&P/CS Composite-20 HPI y/y at 9:00, ECB President Draghi Speaks at 9:30, CB Consumer Confidence at 10:00, BOE Gov Carney Speaks at 15:00, BOJ Gov Kuroda Speaks at 20:00, NZD ANZ Business Confidence at 21:00 ET.