World Headlines 2011-09-07

RQ Cross Box: 2011-09-07

UPDATED 6:00 EDT - EQUITIES - Asian stocks gained, with the benchmark regional index set for its biggest rise in almost six months. European stocks rose, rebounding from a two-year low, after three days of losses dragged the Stoxx Europe 600 Index near to the cheapest since 2008. US stock index futures pointing to a higher Wall Street open. COMMODITIES - Gold dropped for a second day in London as rising equities curbed demand for an alternative asset and spurred investors to sell the metal after its rally to a record. Corn and soybean rallied on speculation that dry weather in the U.S. may damage crops.CURRENCIES - The US Dollar fell against the euro, snapping a six-day advance, as stock gains and the Swiss National Bank’s decision to set a currency ceiling yesterday damped demand for the world’s main reserve currency. ECONOMIC DATA - BOC Rate Statement due at 9:00. US Beige Book at 2:00 EDT.

World Headlines 2011-09-07

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