Currencies
EUR/USD The 17-nation currency rallied versus the dollar before German lawmakers vote on changes to a European bailout fund.
The euro climbed to $1.3623 as of 6:05 a.m. in London from $1.3543 in New York yesterday.
USD/JPY The yen declined against the dollar erasing yesterday’s gain.
The Japanese currency traded 76.55 per dollar around 7:30 a.m. London time.
USD/CAD Canada’s dollar weakened versus U.S. dollar on concern the European debt crisis will slow global economic growth.
The Canadian currency depreciated 1.4 percent to C$1.0335 per U.S. dollar at 5 p.m. in Toronto.
Commodities
Gold climbed on concern that European leaders may not be able to avoid the region’s debt crisis, reviving demand for the precious metal as a haven.
Immediate-delivery gold gained as much as 0.8 percent to $1,621.15 an ounce, overturning a 1.6 percent drop to trade at $1,618.85 at 11:52 a.m. in Singapore.
December-delivery bullion rose 0.2 percent to $1,621.60 an ounce in New York.
Oil dropped on speculation that global economic growth will slow fuel demand amid rising supplies.
Crude stockpiles rose 1.92 million barrels last week, the U.S. Energy Department said.
Crude for November delivery was at $81.15 a barrel, down 6 cents, in electronic trading on the New York Mercantile Exchange at 2:16 p.m. Sydney time.
Equities
U.S. stocks fell as a decline in commodities prices created additional concerns about policymakers' ability to contain Europe's debt crisis.
Dow Chemical Co. (DOW) and Alcoa Inc. (AA) slid at least 4.9 percent as commodities tumbled.
The S&P 500 lost 2.1 percent to 1,151.06 at 4 p.m. New York time.
The Dow Jones Industrial Average fell 179.79 points, or 1.6 percent, to 11,010.90 today.
European stocks declined amid concern that Greek bonds’ holders will suffer larger losses than previously agreed upon.
The U.K.’s FTSE 100 Index retreated 1.4 percent.
Germany’s DAX Index and France’s CAC 40 Index both declined 0.9 percent.
Asian stocks swung between gains and losses on speculation German lawmakers will approve a measure to expand a bailout fund for Europe’s debt-stricken nations.
The MSCI Asia Pacific Index rose 0.3 percent to 114.19 as of 3:05 p.m. in Tokyo.
Japan's Nikkei Stock Average was up 0.99%.
Hong Kong's Hang Seng Index fell 0.66% while The Shanghai Composite Index was down 0.5%.
