World Headlines 2013-02-26

RQ Cross Box: 2013-02-26

UPDATED 7:00 EST - EQUITIES - European stocks declined as Italy’s inconclusive parliamentary election renewed concern that the Mediterranean nation will dilute its austerity program and the region’s sovereign-debt crisis will deepen. U.S. stock-index traded in tight range, while Asian shares dropped. FIXED INCOME - Treasury 10-year notes paused after a four-day advance as the nation prepares to sell $35 billion of five-year securities and before Federal Reserve Chairman Ben S. Bernanke addresses U.S. lawmakers. COMMODITIES - Crude Oil fell to a seven-week low before a report that may show U.S. crude inventories rose. CURRENCIES - Japanese Yen gained in short covering and Risk-OFF sentiment flows. ECONOMIC DATA - US CB Consumer Confidence, New Home Sales and Fed Chairman Bernanke Testifies at 8:30 EST.

World Headlines 2013-02-26

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