World Headlines 2011-07-26

RQ Cross Box: 2011-07-26

UPDATED 7:15 EST - EQUITIES - Asian stocks rose as forecasts for higher earnings at companies from Canon Inc. to Baidu Inc. countered concerns the deadlock on the U.S. debt ceiling could derail the global economic recovery. European bourses trading mixed and US stock index futures pointing to a slightly higher Wall Street open. COMMODITIES - Copper rose in London for the first day in five as a strike at the world’s biggest mine fueled speculation supply will fall short of demand. CURRENCIES - Canada’s dollar touched 94.22 cents versus the greenback, the strongest level since November 2007. The British pound erased its decline against the euro and extended gains versus the dollar after a report showed U.K.’s gross domestic product expanded in the second quarter. ECONOMIC DATA - CB Consumer Confidence and New Home Sales due at 10:00 est.

World Headlines 2011-07-26

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