“The euro strengthened to an 11-month high against the dollar as the European Central Banksaid lenders will repay more of its loans than economists forecast. U.S. stock-index futures rose, while the yen weakened for a second day.
The euro climbed 0.4 percent to $1.3436 at 7:10 a.m. in New York and the yen slid 0.8 percent versus the dollar. The pound dropped less than 0.1 percent to $1.5784, erasing earlier gains, after the U.K. economy contracted more than analysts anticipated. The Stoxx Europe 600 Index advanced 0.3 percent, extending a 23-month high. Standard & Poor’s 500 Index futures increased 0.3 percent as Starbucks Corp. climbed 2.6 percent. Lead and zinc jumped to three-week highs and European Union carbon permits headed for a record weekly decline….”
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