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European shares are seen opening lower Monday as positive sentiment from last week’s European Central Bank liquidity boost begins to fade.
The threat of the euro zone imploding has faded in recent months, catching out investors who have bet on its collapse, a fund manager told CNBC Friday.
European shares are seen opening higher as the full effect of the European Central Bank’s Long Term Refinancing Operation (LTRO) eases market concerns.
The International Swaps and Derivatives Association, which represents leading delaers in credit default swaps, meets on Thursday to decide whether the Greek debt swap in which investors will be forced to accept write-downs on their holdings of Greek debt constitutes a "credit event" which entitles them to compensation.
Greece's Parliament early Thursday approved new reforms to the country's struggling pension system, the latest move in a flurry of legislative action required to secure new international rescue loans that will stave off a Greek bankruptcy.
The beleaguered population of Ireland will take to the polls to vote on the new European Union treaty later this year – and could use the opportunity to register a protest vote against austerity.
European shares are expected to open flat Thursday as markets digest the second round of the European Central Bank’s Long Term Refinancing Operation (LTRO) and as Asian shares fell overnight over Federal Reserve chairman Ben Bernanke’s comments suggesting there would be no further monetary stimulus.
Last year was one of the worst on record for hedge funds, but the industry appears to be shrugging off the bad times. According to Deutsche Bank's latest Alternative Investment Survey, hedge fund assets are expected to rise 12 percent to a record $2.26 trillion this year.
Cross-asset contagion has decreased considerably since the ECB launched its three-year refinancing operation in December, Sebastian Ceria, CEO of Axioma, a portfolio optimization and risk management firm, told CNBC.
European shares are seen opening flat to higher Wednesday as the markets await the results of the European Central Bank’s latest Long Term Financing Operation (LTRO)—an injection of capital designed to shore up Europe’s banks.
European shares are seen opening slightly higher Tuesday as investors remain cautiously optimistic despite the risk of rising oil prices.
Issuing statements which criticize Greek efforts to resolve its debt crisis could “destroy” the latest bailout deal for the embattled Mediterranean country, a key member of the Greek government told CNBC Monday.
European stocks were expected to open lower on Monday, tracking overnight losses in Asia where shares fell on concerns over high oil prices which have raised concerns about global growth.
European Central Bank council member Erkki Liikanen told CNBC in an interview that there never was a floor under the ECB's record low 1 percent interest rate.
European shares were called higher Friday on the back of gains in the Asian markets overnight, boosted by positive data from the U.S. for both the labor and housing markets.
European shares are seen opening slightly lower Thursday as worries about stagnating euro zone growth stoked fears of another recession. Rising oil prices added to concerns over global growth, with analysts fearing they could disrupt a fragile economic recovery.
Fitch ratings agency on Wednesday slashed its rating for Greek sovereign debt to “C” from “CCC,” indicating that default is “highly likely in the near term.”
One week into his re-election campaign, French President Nicolas Sarkozy has already courted plenty of controversy.
The second Greek bailout deal was finally clinched in the early hours of Tuesday morning, but market reaction has been decidedly mixed so far.
Greece's purported deal with its creditors will only last until a new government takes over following the spring elections, hedge fund manager Dennis Gartman said Tuesday.