World Headlines 2013-02-28

RQ Cross Box: 2013-02-28

UPDATED 7:15 EST - EQUITIES - European stocks climbed, with the benchmark index heading for its ninth straight monthly gain, as ECB President Draghi and Federal Reserve Chairman Bernanke signaled they would maintain monetary support measures. U.S. futures were little changed, while Asian shares rose. Treasuries rose amid speculation the start of $85 billion in automatic federal spending reductions tomorrow will choke off the recovery in the world’s biggest economy. COMMODITIES - Gold fell in London, set for the biggest monthly drop since May and the longest streak of declines since 1997. CURRENCIES - The euro fell versus the dollar after the Netherlands said its budget deficit will breach the European Union’s limit for this year and 2014. ECONOMIC DATA - US Prelim GDP, Unemployment Claims and Agriculture US Export Sales due at 8:30, Natural Gas Storage at 10:30 EST.

World Headlines 2013-02-28

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