Gold retreated for a fifth day and wheat fell, while U.S equity-index futures advanced after the Standard & Poor’s 500 Index capped its best week since July. Russia’s ruble weakened after deadly clashes in Ukraine’s east.
Ten-year Treasury yields reached the highest level in more than two years on speculation the Federal Reserve will keep reducing stimulus as the economy recovers. The euro rallied and oil topped $100 a barrel for the first time since October, while U.S. stocks were little changed.
Australia’s dollar touched the highest level in more than a month on speculation U.S. data today will show the labor market in the world’s biggest economy is improving, supporting demand for riskier assets.
The euro reached the strongest level since October 2011 against the dollar after European Central Bank Governing Council member Jens Weidmann said keeping interest rates low may endanger political reforms.