Currencies

• EUR/USD The euro declined before a report on industrial production that may indicate a slowdown in Europe.
  • The dollar rose 0.2 percent to $1.3612 per euro at 12:52 p.m. Tokyo time.
  
  

• USD/JPY The dollar and yen rose against most major counterparts as concern trade friction between the U.S. and China will escalate and Europe's debt crisis will dent growth supported demand for the safest assets.
  • The greenback bought 76.70 yen from 76.65.
  
  

• GBP/USD The pound maintained yesterday's loss versus the dollar before data forecast to show U.K. unemployment claims increased for a seventh month.

Commodities

• Gold climbed on concern that Europe's debt crisis may deepen after Slovakia's lawmakers rejected an enhancement of the region's bailout fund, spurring demand for haven assets.
  • Bullion for immediate delivery rose as much as 0.5 percent to $1,670.22 an ounce, and last traded at $1,667.43 at 12:13 p.m. Singapore time. December-delivery futures climbed as much as 0.7 percent to $1,671.80 an ounce before trading at $1,668.50 on the Comex in New York../li>

• Oil fell for the first day in six, snapping the longest run of gains this year, on speculation fuel demand will slow as the U.S. and Europe struggle to shore up their faltering economies.
  • Prices slipped as much as 1.5 percent in New York before a report tomorrow may show U.S. crude stockpiles increased last week.

Equities

• Most US Stocks advanced, while the Standard & Poor's 500 Index posted its smallest move since August, as optimism about third-quarter corporate earnings overshadowed concern Europe's debt crisis is worsening..
  • The S&P 500 has fallen as much as 19 percent from its three-year high in April through Aug. 3, on a closing basis, amid concern about Europe's debt crisis.
  • The Dow Jones Industrial Average retreated 16.88 points, or 0.2 percent, to 11,416.30.


• European stocks fell, snapping a four-day rally, as investors awaited the start of the U.S. earnings season amid uncertainty that Slovakia will ratify the euro area's revised bailout fund.
  • The U.K.'s FTSE 100 declined 0.1 percent and France's CAC 40 slipped 0.3 percent.
  • The benchmark Stoxx Europe 600 Index slipped 0.3 percent to 235.28 at the close of trading, having earlier retreated as much as 1.2 percent.

• Asian stocks reversed declines as Hong Kong's benchmark index rose amid speculation that China will boost support for the equity market after valuations dropped to record-low levels.
  • The MSCI Asia Pacific Index was little changed at 115.74 as of 2:11 p.m. in Tokyo.
  • Japan's Nikkei 225 Stock Average declined for the first time in four days, losing 0.2 percent.
  • Australia's S&P/ASX 200 Index dropped 0.6 percent, snapping five straight daily advances.

Sources: Bloomberg, FT