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Pre-Market: US Dollar Rally

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WORLD HEADLINES – The upward march in global stock markets continued on Tuesday, with European equities following Asian peers higher as investors bet this earnings season will underpin the rally.

STOCKS – Earnings reports due this week from banks including JP Morgan Chase & Co. and Wells Fargo & Co. will dominate the market’s focus as traders look for more reasons to chase stocks trading at or near record highs.

BONDS – The yield on 10-year Treasuries rose one basis point to 2.49 percent, the highest in almost three weeks.

COMMODITIES – Gold sank 0.4 percent to the biggest dip in more than four weeks.

CURRENCIES – The yen was the only G10 currency to rise against the dollar after the Bank of Japan pared bond purchases.

ECONOMIC DATA – US JOLTS Job Openings due at 10:00, CNY CPI and PPI due at 20:30 ET.

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