World Headlines 2017-07-06

RQ Cross Box: 2017-07-06

WORLD HEADLINES - Oil clawed back some of its biggest loss in four weeks after data showed U.S. stockpiles declining, while European bonds slipped before the release of minutes from the ECB. The Federal Reserve gave mixed signals on Wednesday. STOCKS - Futures on the S&P 500 Index declined after the underlying gauge rose 0.2 percent Wednesday and the Nasdaq 100 index jumped 0.9 percent. BONDS - The yield on 10-year Treasuries rose, after falling three basis points Wednesday. COMMODITIES - Crude futures rose, the contract dropped 4.1 percent Wednesday, the most in four weeks, as Russia was said to oppose any proposal to deepen OPEC-led production cuts. CURRENCIES - The U.S. dollar traded lower ahead of a flurry of U.S. data due later today. ECONOMIC DATA - ECB Monetary Policy Meeting Accounts due at 7:30, ADP Non-Farm Employment Change at 8:15, CAD Trade Balance and US Unemployment Claims at 8:30, ISM Non-Manufacturing PMI and FOMC Member Powell Speaks at 10:00, Crude Oil Inventories at 11:00 ET.

World Headlines 2017-07-06

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