WORLD HEADLINES – Global stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank policy and the recent spike in world bond yields, although European bank shares rebounded after two major earnings reports.

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STOCKS – US stock futures were little changed ahead of the Wall Street open.

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BONDS – Yields were little changed on the day, but still well up from recent lows following the shakeout in debt markets globally since the Bank of Japan’s policy meeting last Friday and as eyes turn to the Bank of England on Thursday.

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COMMODITIES – U.S. oil inventories dropped by 1.34 million barrels and gasoline stockpiles fell, the American Petroleum Institute was said to have reported. Government data out Wednesday is forecast to show crude and motor fuel supplies decreased.

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CURRENCIES – The Dollar Index climbed 0.2 percent from a five-week low reached on Tuesday and the U.S. currency advanced versus all but one of its 16 major peers.

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ECONOMIC DATA – US ADP Non-Farm Employment Change at 8:15, ISM Non-Manufacturing PMI at 10:00, Crude Oil Inventories at 10:30, AUD Retail Sales at 21:30 ET.