RiosQuant – Overnight Trading Action in the Global Markets


STOCKS – European stocks advanced, paring a weekly loss, as Next Plc led retailers higher. U.S. equity-index futures were little changed, while Asian shares declined.

BONDS – Treasuries rose for a second day before Federal Reserve Chairman Ben S. Bernanke addresses economists and as investors speculated whether the recovery is strong enough to withstand an end to stimulus this year.

COMMODITIES – Copper fell the most in two weeks in London after a gauge of Chinese service industries reached a four-month low, fanning concern about the demand outlook in the biggest global consumer of the metal.

CURRENCIES – The pound rose against the euro after U.K. mortgage approvals increased to the highest level in almost six years in November, adding to optimism a revival in the property market is boosting the recovery.

ECONOMIC DATA – Natural Gas Storage due at 10:30, Crude Oil Inventories at 11:00, Fed Chairman Bernanke Speaks at 14:30 ET.