UPDATED 7:17 am ET
STOCKS –European stocks declined, after posting a ninth weekly gain in ten, as investors watched developments in Iraq and as euro-area manufacturing weakened. U.S. index futures and Asian shares were little changed.
BONDS – Treasury 10-year yields approached the highest compared with equivalent German bonds in 15 years before a report today predicted to show home sales increased at the fastest pace in almost a year.
COMMODITIES – Copper advanced for a seventh consecutive session, the longest rally this year, on signs of manufacturing growth in China, the largest buyer of the metal.
CURRENCIES – The dollar fell for the first time in three days versus the yen before data this week economists said will show U.S. output and new home sales slowed, supporting the case for the Federal Reserve to hold rates near zero.
ECONOMIC DATA – US Flash Manufacturing PMI due at 9:45, Existing Home Sales at 10:00 ET.