UPDATED 7:00 am ET
STOCKS – European stocks rose, rebounding from four days of losses, as companies including Bayerische Motoren Werke AG and Credit Agricole SA reported better-than-expected quarterly profit. U.S. stock futures were little changed, while Asian shares fell.
BONDS – Treasuries are catching up to corporate bonds after underperforming them in the first half of the year.
COMMODITIES – Soybeans fell, after the biggest advance in a week, on speculation that rains forecast for the U.S. Midwest will ease the dry weather threatening to reduce yields in the world’s top grower. Corn declined.
CURRENCIES – The dollar strengthened versus the euro before data today that analysts forecast will add to evidence that U.S. growth is gathering pace, boosting the appeal of American assets versus those in Europe.
ECONOMIC DATA – US ISM Non-Manufacturing PMI due at 10:00, NZD Unemployment Rate at 18:45 ET.
