World Headlines 2011-11-17

RQ Cross Box: 2011-11-17

UPDATED 6:00 EDT - EQUITIES - European stocks extended losses after borrowing costs rose at a Spanish government bond sale. U.S. index futures and Asian shares were little changed. COMMODITIES - Crude Oil prices pulled-back from a five-month high after Spain’s borrowing costs surged, heightening concern that Europe’s debt crisis is spreading and will hurt demand. Gold and Silver trading at support on recent upward trend channel. CURRENCIES - Risk FX bounced from yesterdays lows during the overnight session. The US Dollar is trading slightly lower against most of its major counterparts before Federal Reserve Bank of New York President William Dudley speaks today amid speculation the U.S. recovery isn’t strong enough to deter further monetary easing. ECONOMIC DATA - US Unemployment Claims and Building Permits due at 8:30. Philly Fed Manufacturing Index at 10:00, FOMC Member Dudley Speaks at 12:50 EDT.

World Headlines 2011-11-17

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