World Headlines 2011-12-09

RQ Cross Box: 2011-12-09

UPDATED 7:30 EDT - EQUITIES - European stocks and U.S. index futures climbed after a report said China’s central bank is planning to set up $300 billion of funds to invest overseas. Asian shares closed lower. COMMODITIES - Oil fell, heading for the biggest weekly decline since September, as investors speculated that Europe’s debt crisis will weaken the global economy and curb demand for commodities. CURRENCIES - Risk FX traded higher as the Euro rose from a one-week low against the dollar after the region’s leaders boosted a rescue fund and tightened budget rules to counter the debt crisis. ECONOMIC DATA - US and CAD trade balance due at 8:30. Prelim UoM Consumer Sentiment due at 9:55 EDT.

World Headlines 2011-12-09

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