World Headlines 2012-12-14

RQ Cross Box: 2012-12-14

UPDATED 7:00 EST - EQUITIES - Most European stocks rose, with the benchmark gauge heading for a fourth weekly gain, as measures of manufacturing in China and the euro area increased and investors awaited progress in American budget talks. U.S. index futures trading sideways, while Asian shares closed little changed. COMMODITIES - Oil rose in London, heading for a weekly gain as a report signaled manufacturing may expand at a faster pace this month in China, the world’s second-largest crude consumer. CURRENCIES - The euro strengthened to an eight- month high against the yen as European Union chiefs pledged to seek a joint strategy for handling failing banks, boosting demand for the region’s assets. ECONOMIC DATA - US Core CPI m/m due at 8:30 EST.

World Headlines 2012-12-14

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