UPDATED 7:18 am ET
STOCKS – European stocks fell as German business confidence dropped to the lowest level this year. U.S. equity-index futures slid, while Asian shares climbed.
BONDS – Treasuries gained before reports that analysts said will show new-home sales slowed and gross domestic product contracted more than earlier estimated.
COMMODITIES – Gold climbed to a two-month high in London as investors weighed tension in Iraq with the outlook for the U.S. economy.
CURRENCIES – The pound fell versus 15 of its 16 major peers after Bank of England Governor Mark Carney said recent wage data has been softer than the central bank anticipated, damping speculation interest rates need to rise.
ECONOMIC DATA – FOMC Member Plosser Speaks at 8:05, US S&P/CS Composite-20 HPI y/y at 9:00, CB Consumer Confidence and New Home Sales at 10:00 ET.