*Ukraine tensions increase; China data adds to more worries about slowdown. NEW YORK, March 13- World stock indexes dropped and the yen climbed against the dollar and euro on Thursday as concerns increased over the trajectory of the crisis in Ukraine.» Read More
European markets come off lows after good U.S. economic data. Unemployment in Portugal jumps to 14 percent in Q4. French yields fall below 1 percent at 2-year note sale. Greece's far right Laos Party reportedly won't commit to austerity measures. Polls show 40 percent of Greeks support anti-austerity leftist parties. Greece says it hopes to wrap up bailout agreement by Monday. With Art Nolan, independent trader.
Futures are negative as markets in Asia were in the red overnight and European stocks were slightly negative; U.S. stocks ease off early morning lows while investors await key data on unemployment and housing; General Motors is expected to report its lowest quarterly profit in over a year, and Fed chairman Ben Bernanke speaks at community banking conference today; reports CNBC's Kayla Tausche.
European shares pare early gains on reports of possible delay in Greek bailout. Bank stocks are mostly higher, though off the day's best levels. Bank of England raises 2-year inflation forecast to a higher than expected 1.8 percent. Italy slides back in recession as economy contracts .7 percent in Q4. German economy shrinks less than expected to .2 percent in Q4.
Zynga reports its first set of results since its IPO in December and beat Street on profit and revenue, but investors are still concerned about the company's future growth; the latest FOMC minutes will be released later today, and traders are still focused on Europe where there are questions over Athens party chiefs' commitment to the reforms laid out in the austerity package, reports CNBC's Jackie DeAngelis.
European shares move lower after U.S. retail data disappoints. Solid demand and lower yields are seen during an Italian debt auction. Greek GDP drops by a 7 percent annual rate in Q4. The EU may take action against Spain for delayed austerity measures. Moody's warns it may cut the AAA ratings for the UK and France after cutting Spain, Italy, Portugal, Slovakia, Slovenia and Malta, yesterday. Euro zone finance ministers meet tomorrow in Brussels.
Insight on whether the next tech boom can be found in emerging markets, with Ron Shah, Jina Ventures managing partner.
Apple's stock closed above $500 for the first time yesterday resulting in a gained $100 billion in its market cap; traders will be watching retail sales figures before the bell as a measure of consumer spending, and investors have their eyes on Europe, where headlines from Greece and the aftermath of Moody's one-notch downgrade of Italy and Portugal and two-notch cut of Spain could move the market, reports CNBC's Jackie DeAngelis.
If the World Bank is correct, 2012 will see the second slowest year of global economic growth in a decade, at a level consistent with a world recession that, like the 2008/2009 financial crisis, would not spare Asia.
American companies adding outsourcing and back office operations in Hyderabad, Bangalore, and Mumbai, are resulting in a boon for high-end hotel brands seeking to build properties in India. The New York Times reports.
As Greek riots escalate in Athens, the "big risk" investors haven't noticed is the emerging markets, Richard Bernstein, CEO of Richard Bernstein Advisors, told CNBC Monday.
U.S. futures point to a higher open after the Greek parliament secured a majority to pass the proposed austerity bill; this week will also be an important week for U.S. economic data as well as comments from Fed speakers who may provide more clues about QE3, with CNBC's Jackie DeAngelis.
Web-only investment advice.
John Hofmeister, founder of Citizens for Affordable Energy and the former CEO of Shell Oil's U.S. operations, warned there is a "better than 50 percent chance" the price of gas will spike to $5 a gallon on continued heavy demand in emerging markets and poor public policy at home.
Markets in Europe are mostly down as Greek opposition to the austerity plan heats up. Bank stocks are among the biggest losers. Spain approves sweeping labor market reforms. Four Greek ministers resign in protest over the new austerity package. Greece's police union threatens to issue arrest warrants for EU, IMF officials.
Greek drama staggers on, and risk appetite sags - it's time for your FX Fix.
Activision and LinkedIn report earnings that beat Street expectations and the deal in Greece fails to impress euro zone finance ministers, who are demanding austerity measures pass the Greek Parliament before they approve the deal, reports CNBC's Jackie DeAngelis.
An options play on emerging markets, with Mike Khouw, Cantor Fitzgerald.
Greek political leaders agree on austerity measures and warn there will be a "social uprising" over the agreement. As a result, the markets in Europe end the day higher, but off the day's best levels. The ECB and Bank of England leave key interest rates unchanged. The Bank of England adds 50 billion pounds to quantitative easing program. And Spanish government bond yields rise as new issue tempers demand.
Cisco beat Street estimates and reported better than expected revenue growth; Visa top forecasts as credit card use climbed; Traders are waiting for headlines out of Greece as reports yesterday suggested there is a draft agreement in the works; The Treasury will auction $16 billion in 30-year bonds and the Fed will release its balance sheet and money supply after the close, reports CNBC's Jackie DeAngelis.
Rebecca Patterson, MD & Chief Markets Strategist, J.P.Morgan Asset Management sees money going into emerging market equities this year, boosted by monetary easing by central banks in the West.