World Headlines 2011-07-11

RQ Cross Box: 2011-07-11

UPDATED 7:00 EST - EQUITIES - European stocks fell for a second day as concern grew that the region’s debt crisis will spread to Italy and China’s inflation surged to a three-year high. Asian shares closed lower and U.S. index futures are pointing to a lower Wall Street open. COMMODITIES - Crude Oil declined for a second day on speculation that a slump in Chinese imports and rising unemployment in the U.S. may indicate fuel demand will falter in the world’s biggest crude-consuming nations. Copper in London dropped for a second day. CURRENCIES - The British Pound fell against the dollar as a business lobby group said the U.K.’s recovery is fragile and vulnerable to a global slowdown. The Euro fell against the dollar, extending last week’s biggest slide in almost a month, as European banks face more stringent stress tests. ECONOMIC DATA - Canadian Housing Starts due at 8:15 and BoC Business Outlook Survey due at 10:30 est.

World Headlines 2011-07-11

Trade with us in live trading room. Get Your Access!

About Us

Terms of Service

Contact

Useful Links