Pre-Market Report – Global Financial Markets

UPDATED 7:00 ET

STOCKS – European stocks were little changed near a six-year high as HSBC Holdings Plc fell after reporting worse-than-estimated profit, offsetting a surge in Scania AB following a Volkswagen AG bid. U.S. index futures were little changed, while Asian shares slipped.

BONDS – The extra yield U.S. corporate bonds offer instead of Treasuries approached a six-year low as investors speculated the economy will pick up after the North American winter ends.

COMMODITIES – Copper fell the most in a month in London after a report that some Chinese banks curbed real-estate lending sparked concern demand is poised to slow in the world’s biggest consumer of the metal.

CURRENCIES – Australia’s dollar remained lower following a decline last week after iron ore fell and amid reports of of property-lending curbs in China, the nation’s biggest trading partner.

ECONOMIC DATA – EU Economic Forecasts due at 7:45, US CB Consumer Confidence at 10:00, FOMC Member Tarullo Speaks at 10:10 ET.

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