CNBC's Simon Hobbs reports on all the market moving events in Europe today, as traders become wary of Ukraine event risk.» Read More
PARIS- Federal Reserve Bank of Philadelphia President Charles Plosser participates in the Global Interdependence Center "Monetary Policy& Banks and the Rise of Global Protectionism" conference in Paris, France- 0945 GMT.
TOKYO _ GDP revision, Bank of Japan policy meeting begins. WASHINGTON _ Commerce Department releases wholesale trade inventories for January, 10 a.m. Eastern; Labor Department releases job openings and labor turnover survey for January, 10 a.m..
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil edged above $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil was steady around $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil held around $108 a barrel on Friday as investors balanced supply concerns arising from the Ukraine crisis with seasonally slowing crude demand and forecasts for only modest U.S. jobs growth in February.
BERLIN, March 7- After one of her first encounters with Vladimir Putin in 2002, Angela Merkel joked to aides that she had passed the "KGB test" by staring straight into his eyes without averting her gaze.
HOUSTON, United States- Former Federal Reserve chairman Ben Bernanke speaks before the HIS CERAWeek 2014 conference in Houston, Texas- 1730 GMT. NEW YORK- Federal Reserve Bank of New York President William Dudley speaks on the economy and local conditions before community and business leaders- 1700 GMT.
Staples to shut 225 stores in North America as sales fall. Staples Inc will close up to 225 stores in the United States and Canada- 12 percent of its North America outlets- and forecast another quarter of sales decline as it loses customers to mass market chains and online retailers.
*Diplomatic talks on Ukraine also weigh on Bunds. LONDON, March 6- German government bond yields rose and the euro hit a 10- week high against the dollar on Thursday after the European Central Bank took no fresh steps to ease monetary policy in the face of persistently low inflation.
BERLIN, March 6- Europe's hotel sector is finding its financing options are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, fanning optimism for the rest of the year.
*Continental to pay higher 2013 dividend of 2.50 euros. FRANKFURT, March 6- German auto parts and tyre maker Continental is considering further acquisitions, weeks after announcing the purchase of U.S. rubber firm Veyance Technologies for 1.4 billion euros.
Russia's military mobilisation on Ukraine's borders over the past week was an echo of the sort of geopolitical event that used to send international investors scurrying for cover over the past 50 years. Gold prices jumped 2 percent; the U.S. dollar and Treasury bonds strengthened alongside other top-rated securities such as German government bonds.
RIO DE JANEIRO/ LONDON, March 5- Emerging markets steadied on Wednesday as the United States and Russia held talks on Ukraine, at least temporarily easing East-West tensions that prompted a selloff in global markets earlier this week.
WASHINGTON _ Labor Department releases weekly jobless claims, 8:30 a.m. Eastern. WASHINGTON _ Labor Department releases fourth-quarter productivity data, 8:30 a.m.. WASHINGTON _ Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..
*Seat to focus on Europe after China export failure. GENEVA, March 5- If Volkswagen wants to beat Toyota to the global autos throne, it can't afford to take its foot off the gas in mass-market cars.
*Qatar's wealth means it doesn't need GCC. DUBAI, March 5- A diplomatic split between Qatar and its wealthy Gulf neighbours may disrupt billions of dollars of investment in the region and slow efforts to make economies more efficient through trade and transport reforms.
PARIS/ KIEV, March 5- Russia rebuffed Western demands to withdraw forces in Ukraine's Crimea region to their bases on Wednesday amid a day of high-stakes diplomacy in Paris aimed at easing tensions over Ukraine and averting the risk of war.
*Italy, France need policy action to fix economies. BRUSSELS, March 5- The European Commission put Italy on Wednesday on its watch list because of the country's very high public debt and weak competitiveness and warned France that will miss agreed budget deficit reduction targets unless it takes action.
BERLIN, March 5- Lufthansa, Germany's largest airline, unveiled its new premium economy class on Wednesday, part of a 3 billion euro investment in seats to catch up with fast-growing rivals from the Middle East.
KUALA LUMPUR, March 5- Palm oil futures are set to climb for a second year, driven by crop damaging dry weather and Indonesia's higher biodiesel mandate, although bumper global oilseed supplies and weak demand from key consumers could cap gains.