UPDATED 7:00 am ET
STOCKS – European stocks were little changed, after closing at their lowest level in more than three months, as Russia retaliated for Ukraine-related sanctions, and Munich Re posted worse-than-forecast earnings. U.S. stock-index futures rose, while Asian shares were little changed.
BONDS – Treasuries gained, with 10-year notes rising for a second day, as the crisis in Ukraine and evidence the global economic recovery is faltering boosted haven assets from the U.S. to Germany.
COMMODITIES – Gold was little changed near a one-week high in London as investors weighed tensions over Ukraine against signs of an improving U.S. economy.
CURRENCIES – Australia’s dollar fell by the most in a month against its U.S. counterpart as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest since 2002.
ECONOMIC DATA – GBP Asset Purchase Facility due at 7:00, EUR Minimum Bid Rate at 7:45, CAD Building Permits m/m, US Unemployment Claims and ECB Press Conference at 8:30, CAD Ivey PMI at 10:00, Natural Gas Storage at 10:30, JPY Monetary Policy Statement (tentative), AUD RBA Monetary Policy Statement at 21:30 ET.