UPDATED 7:05 am ET
STOCKS – European stocks were little changed, following their biggest two-day advance since April, as signs of progress in talks between Russia and Ukraine offset worse-than-projected German confidence data. U.S. index futures were little changed, while Asian shares rose.
BONDS – Treasuries advanced as investors were attracted to the recent rise in yields that made the securities the cheapest versus their international counterparts in seven years.
COMMODITIES – Corn fell for a third day in Chicago amid expectations that supplies will be ample as most U.S. crops are developing in good condition.
CURRENCIES – Australia’s dollar may strengthen above 105 yen by year-end, toward the highest level since November 2007, after the currency broke out of a four-month trading range, according to SMBC Nikko Securities Inc.
ECONOMIC DATA – Crude Oil Inventories due at 10:30, AUD Private Capital Expenditure q/q at 21:30 ET.