Europe Index Futures Slip With Asia Shares as Gold Climbs

Euro Stoxx 50 Index futures declined 0.2 percent at 7:18 a.m. in London, while contracts on the Standard & Poor’s 500 Index were little changed. The MSCI Asia Pacific Index slipped 0.1 percent as Chinese industrial companies sank. Gold increased 0.5 percent and oil added 0.4 percent in New York. The euro strengthened 0.2 percent against the yen and climbed for a sixth day versus the dollar.

China’s industrial production growth slowed last month while retail sales unexpectedly accelerated, government data showed today. France and Italy report factory output today, while European Central Bank President Mario Draghi speaks at a conference in Rome. U.S. crude stockpiles probably shrank by 3 million barrels last week, according to a Bloomberg News survey before a report tomorrow.

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