UPDATED 7:15 ET

STOCKS – European stocks dropped to their lowest level in a month as Russia and Ukraine continued their standoff over the region of Crimea. U.S. index futures and Asian shares also fell.

BONDS – A U.S. auction of $30 billion of three-year notes attracted lower-than-average demand, with primary dealers taking down the largest share at a sale of the securities since June.

COMMODITIES – Copper reached a 44-month low in London amid concern demand is weakening in China, the biggest consumer of the metal. Futures traded in Shanghai touched the lowest price since 2009.

CURRENCIES – Australia’s dollar fell for a fourth day after reports showed consumer sentiment deteriorated and home loans stagnated.

ECONOMIC DATA – Crude Oil Inventories due at 10:30, US 10-y Bond Auction at 13:01, NZD RBNZ Rate Statement and RBNZ Press Conference, AUD Unemployment Rate at 20:30 ET.