European stocks declined before the Federal Reserve releases its economic outlook survey. The Indian rupee and the Australian dollar strengthened while copper fell. The Stoxx Europe 600 Index slid 0.3 percent at 8:45 a.m. in London as Ryanair Holdings Plc tumbled. Standard & Poor’s 500 Index (SPX) futures fell 0.1 percent. The rupee appreciated 0.7 percent versus the dollar. The Aussie climbed to a two-week high after the nation’s economy unexpectedly accelerated last quarter. Copper retreated 0.8 percent, zinc slid 1.2 percent and West Texas Intermediate crude dropped 0.5 percent. The Fed publishes its economic survey known as the Beige Book today, while data this week will probably show American payrolls increased in August and the jobless rate held at 7.4 percent. A report may confirm the euro area grew 0.3 percent last quarter from the previous period. The U.S. Senate’s foreign relations panel is scheduled to vote on a resolution that sets a 90-day limit on military action against Syria. “Syria operations by the U.S. and its allies appear to be edging closer,� Greg Venizelos, a fixed-income strategist at BNP Paribas SA in London, wrote today in a report. “At this juncture, Syria rather than QE tapering appears to be the more potent of risk-off factors.� Ryanair, Europe’s biggest discount airline, sank 14 percent after saying full-year profit may be at the lower end of a forecast after a heat wave across Europe trimmed bookings. Asian Stocks About the same number of stocks rose as fell on the MSCI Asia Pacific Index. The gauge advanced 0.3 percent after dropping as much as 0.6 percent earlier. Japan’s Topix Index climbed 0.6 percent. Australia’s S&P/ASX 200 Index snapped a four-day advance, retreating 0.7 percent. India’s Sensex index added 0.8 percent while Indonesia’s Jakarta Composite Index fell 2.1 percent. The Philippine Stock Exchange Composite Index slid 1.9 percent. Foreign investors sold a net $10.3 million of the nation’s shares yesterday in a 12th day of outflows, according to exchange data compiled by Bloomberg. Hong Kong’s Hang Seng Index dropped 0.5 percent. China Construction Bank Corp. (939) slid 1.5 percent after Bank of America Corp. agreed to sell its 2 billion shares in the lender. The Aussie advanced to as high as 91.29 U.S. cents. The economy expanded 0.6 percent from the previous quarter as non-dwelling construction surged. The result compared with the 0.5 percent median estimate by economists in a Bloomberg survey. India’s S&P BSE Sensex rallied after tumbling 3.5 percent yesterday. The rupee rose to 67.2350 per dollar after sliding about 19 percent this year through yesterday. Raghuram Rajan is due to take over as Reserve Bank of India governor today. BoJ Meeting The dollar traded at 99.61 yen after yesterday reaching 99.86, the highest since Aug. 2. The Bank of Japan will probably keep policy on hold at a two-day meeting that started today in Tokyo, according to the forecast of all 32 economists surveyed by Bloomberg News. The yield on 10-year U.S. Treasuries rose two basis points to 2.87 percent, after gaining the most in two weeks yesterday. U.S. payrolls rose 180,000 in August, up from 162,000 in July, according to economists surveyed before the data are released. The draft Senate resolution on Syria supports use of force in a “limited and tailored manner against legitimate military targets� during a 60-day period following enactment, with a possible 30-day extension at President Barack Obama’s request. The Senate Democratic leadership supports the resolution, according to a Senate aide who asked not to be identified commenting before a vote. The measure was drafted by Democratic Senator Robert Menendez, the committee’s chairman, and Senator Bob Corker of Tennessee, the panel’s top Republican. West Texas Intermediate crude dropped to $107.96 a barrel after climbing 0.8 percent yesterday. Brent, the European benchmark, was little changed. To contact the reporters on this story: Richard Frost in Hong Kong at rfrost4@bloomberg.net; Emma O’Brien in Wellington at eobrien6@bloomberg.net To contact the editor responsible for this story: Sarah McDonald at smcdonald23@bloomberg.net

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