World Headlines 2013-04-04

RQ Cross Box: 2013-04-04

UPDATED 7:15 ET - EQUITIES - European stocks were little changed, following yesterday’s biggest drop in five weeks, as investors awaited an update on monetary policy from European Central Bank President Draghi. U.S. index futures advanced, while Asian shares retreated. FIXED INCOME - Treasury yields show traders’ expectations for inflation dropped to a three-month low after worse-than-expected data on U.S. jobs led some analysts to cut their forecasts for the monthly employment report tomorrow. COMMODITIES - Gold extended losses for a third day, nearing a bear market after 12 years of gains, on concern that investors are seeking higher returns in other assets as the global economy recovers. CURRENCIES - The Japanese Yen sold-off after the Bank of Japan announced larger-than-expected economic stimulus measures that tend to devalue the currency. ECONOMIC DATA - EUR Minimum Bid Rate at 7:45, ECB Press Conference and US Unemployment Claims at 8:30, Natural Gas Storage and Fed Chairman Bernanke Speaks at 10:30 ET.

World Headlines 2013-04-04

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