European  stock futures  fell, indicating the Stoxx Europe 600 Index may decline from a two- week high, as two Federal Reserve officials said the central bank shouldn’t act to protect equity investors. U.S. futures and Asian shares retreated.

Banks may be active after the Swedish financial regulator said the nation’s lenders must prepare for a deterioration in the debt crisis that could freeze interbank markets and cut off funding. SABMiller Plc may move as Foster’s Group Ltd. rejected its A$9.5 billion ($10.1 billion) takeover bid as too low. Holcim Ltd. might retreat as the world’s second-biggest cement maker reported profit and sales that missed estimates.

Futures on the Euro Stoxx 50 Index expiring in September dropped 1.7 percent to 2,290 at 7:02 a.m. in  London, while FTSE 100 Index futures sank 1.3 percent. The MSCI Asia Pacific Index fell 1.4 percent and Standard & Poor’s 500 Index futures declined 0.9 percent after the benchmark gauge for U.S. equities increased 0.1 percent yesterday.

The Stoxx 600 has climbed 6.5 percent from this year’s low on Aug. 10, reducing the decline from this year’s peak on Feb. 17 to 18 percent.

To contact the reporter on this story: Peter Levring in Copenhagen at  plevring1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at  arummer@bloomberg.net