UPDATED 7:15 ET

STOCKS – European stocks were little changed after their first weekly drop since January, as heightened deal activity outweighed data showing that Chinese exports unexpectedly slumped. U.S. stock-index futures were little changed and Asian shares fell.

BONDS – Treasuries were little changed as the biggest decline in Chinese exports in two years drove demand for the safety of U.S. debt.

COMMODITIES – Crude Oil fell for the first time in three days after exports from China unexpectedly shrank, stoking speculation that the world’s second-largest oil consumer may miss economic growth targets.

CURRENCIES – The Australian dollar fell for a second day against the U.S. currency after China reported the biggest trade deficit in two years, cooling demand for higher- yielding assets.

ECONOMIC DATA – GBP MPC Member Bean Speaks at 10:15, AUD NAB Business Confidence at 20:30 ET, JPY Monetary Policy Statement *tentative.