UPDATED 7:05 ET

<< STOCKS - European shares rose for a third day, heading for their biggest weekly jump since April, as retailers and financial companies rallied. U.S. stock-index futures rose and Asian shares were little changed. >> BONDS – China’s money-market rates surged and stocks dropped for a ninth day, the longest losing streak in 19 years, as targeted fund injections by the central bank failed to alleviate the worst cash crunch since June.

>> COMMODITIES – Crude Oil headed for a weekly increase on speculation that the Federal Reserve’s plans to reduce stimulus indicate the economic recovery is gaining strength and will support fuel consumption.

>> CURRENCIES – The US Dollar climbed to a five-year high against the yen before a report analysts said will confirm the world’s largest economy expanded at the fastest pace since 2010 in the third quarter.

>> ECONOMIC DATA – CAD Core CPI and Core Retail Sales, USD Final GDP due at 8:30 ET.