Pre-Market Open Trading Report for Stocks, Bonds, Commodities and Forex
UPDATED 7:07 am ET
STOCKS – European stocks were little changed, trading near a six-year high, as reports showed that industrial production in the U.K. and France matched economists’ estimates. U.S. index futures slipped, while Asian shares rose.
BONDS – Treasury three-year yields were near the highest level in a month before the U.S. auctions 2017 debt today, as BlackRock Inc. and Morgan Stanley say the Federal Reserve may boost interest rates early next year.
COMMODITIES – The gap between West Texas Intermediate and Brent narrowed to the least in nearly two months as U.S. crude stockpiles were forecast to fall and Ukraine said peace talks with Russia yielded progress.
CURRENCIES – European Central Bank President Mario Draghi’s plan to weaken the euro to aid exporters faces a $4 trillion challenge: how to cope with China’s efforts to diversify reserve assets, most of which are now in dollars.
ECONOMIC DATA – US JOLTS Job Openings due at 10:00, AUD Westpac Consumer Sentiment at 20:30 ET.