UPDATED 6:45 ET

STOCKS – European stocks rose as German unemployment fell the most in two years and investors weighed China’s tighter rules to control its shadow-banking industry. U.S. futures also gained, while Asian shares slid.

BONDS – Treasuries were little changed, with three-year yields about one basis point from the lowest in two weeks, before the U.S. sells $30 billion of the notes today in the first of three sales of coupon-bearing debt this week.

COMMODITIES – Gold held below a three-week high in London as investors weighed signs of increased physical demand against the outlook for less U.S. stimulus.

CURRENCIES – Switzerland’s franc slid to its weakest level in more than two months against the euro as a rally in Europe’s higher-yielding government bonds damped demand for the safety of the Swiss currency.

ECONOMIC DATA – US Trade Balance and CAD Trade Balance due at 8:30, CAD Ivey PMI due at 10:00 ET.