Pre-market trading activity and scheduled economic data that may have an impact on the global financial markets.
STOCKS – The MSCI All-Country World Index fell 0.3 percent during the overnight trading session, while the Stoxx Europe 600 Index slipped 1.3 percent. S&P 500 futures dropped, signaling U.S. equities will open lower.
BONDS – Treasury 10-year note yields were little changed at 1.54 percent, after rising seven basis points on Monday. Bond yields rose across the euro-area.
COMMODITIES – Gold headed for its longest stretch of gains since early July, advancing 0.4 percent. Silver also rallied.
CURRENCIES – Australian shares fell after the Reserve Bank of Australia cut its main interest rate by 25 basis points to a record low of 1.50 percent, but quickly reversed to gain 0.4%.
ECONOMIC DATA – US Personal Spending m/m due at 8:30, NZD GDT Price Index (tentative), CNY Caixin Services PMI at 21:45 ET.
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