UPDATED 7:12 ET

STOCKS – European stocks retreated as mining companies fell after a report showed Chinese imports unexpectedly slumped last month. U.S. index futures also dropped, while Asian shares climbed.

BONDS – Treasuries rose, with 10-year yields falling to a two-week low, after Federal Reserve minutes damped bets policy makers are moving toward raising interest rates and a decline in Chinese exports boosted safety demand.

COMMODITIES – Crude Oil fell amid signs Libyan exports may recover as stronger gasoline demand buoys U.S. prices.

CURRENCIES – Australia’s dollar reached a more than four-month high versus the greenback after unemployment unexpectedly fell for the first time since September.

ECONOMIC DATA – US Unemployment Claims due at 8:30, Day 1 G20 Meetings, G7 Meetings all day, Natural Gas Storage at 10:30, CNY CPI y/y at 21:30 ET.