Pre-Market Trading Report for Stock, Bond, Commodity and Forex Markets

UPDATED 7:12 ET

STOCKS – European stocks advanced for a second day as investors awaited data that may show an increase in U.S. durable-goods orders. U.S. stock-index futures and Asian shares rose.

BONDS – Treasury five-year notes were close to the cheapest level in four years relative to two- and 10-year securities before the U.S. sells $35 billion of 2019 debt today.
COMMODITIES – Gold traded above a five-week low in London as investors weighed the crisis over Ukraine against the outlook for higher U.S. interest rates.

CURRENCIES – Australia’s dollar strengthened to a four-month high after Reserve Bank Governor Glenn Stevens said the economy may strengthen this year and there were encouraging signs domestic consumption is increasing.

ECONOMIC DATA – US Core Durable Goods Orders due at 8:30, Crude Oil Inventories at 10:30, NZD Trade Balance at 17:45 ET.

morgan quotes