*European shares slip as Total hurt by Russia. LONDON, July 30- The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were near record lows ahead of inflation data expected to boost the case for further policy easing by the European Central Bank.» Read More
European shares extend losses on cautious comments by Merkel regarding Greece. Banking stocks are among the day's top losers. Yields fall sharply at Italy's auction of 6-month bills. The German Parliament votes to approve of the Greek bailout package. Treasury Secretary Geithner says Europe has lowered the risk of catastrophe. And the ECB buys no government bonds for second straight week. With Joe LaVorgna, Deutsche Bank.
If enough banks borrow in the European Central Bank's refinancing operation, risk currencies could get a lift.
US stock index futures pointed to a lower open for Wall Street on Monday on concerns that rising oil prices are threatening the fragile global economic recovery. European shares fell on concerns about high oil prices affecting company earnings and global growth, and as the Group of 20 countries said Europe must commit more money to fight the debt crisis before seeking their help.
US futures point to Wall Street opening down. European shares extended losses on Monday, with autos sharply lower on worries that higher oil prices would push up costs for industrial companies, and curb global economic growth prospects. Asian stocks also ended lower as the spike in oil prices, raised concerns about damage to the fragile global economy. But signs of fresh steps from the Group of 20 major economies to contain the euro zone debt crisis helped to support sentiment.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.
The final word from the currency pits, with CNBC's Melissa Lee and the Money In Motion traders.
How to identify technical patterns that could make you money, with CNBC's Melissa Lee and the Money In Motion traders. Tonight, a look at Todd's "Triangle Pattern."
As the economy improves, will Bernanke talk down QE3? Making money from Bernanke's Congressional testimony next week, with CNBC's Melissa Lee and the Money In Motion traders. Also, if the economy begins to slow, will Bernanke provide additional monetary accommodation?, Michelle Meyer, Bank of America, discusses.
The euro hits a two-month high, it's best level since December 9th. What's behind the rally, with CNBC's Melissa Lee and the Money in Motion traders. Also, Wednesday's LTRO auction will show the real health of the European banking system. Making money off the LTRO auctions.
One of the challenges investors face today is how to reconcile seemingly conflicting messages coming from different markets. Is Dow 13,000 consistent with a 10 year U.S. Treasury at 2% and gold at almost $1,800? Is $125 Brent oil consistent with cyclically low implied volatility in many market segments, as well as widening CDS spreads for Middle Eastern oil producers?
CNBC's Mandy Drury reports the U.S. markets are up on the day, as the Dow again crosses the 13,000 threshold. The Michigan Consumer Sentiment survey has risen for six straight months. Gap Q4 earnings plunge 40 percent. Kenneth Cole is up on the day on news that Kenneth Cole is looking to buy the rest of the company. And Netflix announces it has no plans to bring its service to the Blackberry Playbook.
European shares mostly higher on positive earnings results. Euro zone banks among the best gainers as they benefit from ECB's LTRO. Deutsche Bank shares jump as Merrill upgrades stock to buy. Lloyds Banking reports $5.5 billion loss and gives a gloomy outlook. German economyy contracts by .2 percent in Q4. Fiat may shutter two European plants if U.S. export plans fail. Draghi says euro zone on the mend after a weak end to 2011.
Jurgen Stark, former ECB Executive Board Member, discusses the European Union's handling of the debt crisis: "Mario Draghi is right to insist on structural reforms," he says.
U.S. stock futures pointed to a slightly higher open for Wall Street on Friday, with analysts expecting January's data for new home sales to show a rise. European shares were up on strong company results and expectation that the European Central Bank will lend a vast amount to banks at next week's three-year refinancing operation.
U.S. futures point to a higher open for Wall Street. European shares briefly turned negative on Friday as banking stocks pared gains, with Lloyds reversing earlier rises after announcing its 2012 revenue would fall. Asian shares crept higher as solid U.S. data improved sentiment, but gains may be limited by concerns that rising oil prices could deal a further blow to the fragile euro zone economy and moves to take profits after recent rallies.
China should accelerate the loosening of capital controls, its central bank said, in a report outlining the path to a freely tradable currency and more open capital markets. The Financial Times reports.
CNBC's Mandy Drury reports the U.S. markets are up after U.S. jobless claims hold steady at a 4-year low. Sears shares surge as investors cheer its revamp scheme. HP, on the other hand, sees profit tumble 44 percent. Boston Beer shares are also lower on a lackluster 2012 earnings outlook. And JD Power raises 2012 U.S. auto sales forecast.
European markets mixed after U.S. labor data. German business sentiment hits 7-month high. Greek Parliament approves private sector debt swap deal. Commerzbank earnings take $927 million Q4 hit on Greek debt. Royal Bank of Scotland full-year loss grows 78 percent on Greek debt. Euro zone economy to shrink in 2012, according to the EU. Spain, Italy, Portugal and Germany down for the third straight day.
European shares turned negative again in mid-morning trade on Thursday, with automobile stocks topping the decliners' list. The fall came as the EU's executive said the euro zone economy is heading for its second recession in three years and the wider European Union economy is set to stagnate.
US futures pointed to Wall Street opening higher after a down day yesterday. European shares extended gains on Thursday morning after the German IFO institute said its closely-watched business sentiment indicator rose more than expected. Asian shares were mixed on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession, fanning fresh worries about Greece's debt restructuring challenges.