World Headlines 2011-09-29

RQ Cross Box: 2011-09-29

UPDATED 6:00 EDT - EQUITIES - European stocks gained for the fourth time in five days as Germany’s Parliament voted on expanding the remit of the euro region’s rescue fund. Asian shares and U.S. index futures advanced. Asian stock markets closed higher and US stock index futures pointing to a higher Wall Street open. COMMODITIES - Gold gained in London as the metal’s drop below $1,600 an ounce boosted physical purchases and as investors sought a protection of wealth from Europe’s debt woes. Soybeans declined to the lowest level in more than 10 months on mounting concern that the global economy will weaken. CURRENCIES - The euro rose toward a one-week high versus the dollar as Germany’s lower house of parliament approved the expansion of a bailout fund for debt-stricken euro- area nations to help contain the sovereign-debt crisis. ECONOMIC DATA - US Unemployment Claims and GDP due at 8:30. Pending Home Sales due at 10:00 EDT.

World Headlines 2011-09-29

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