The U.S. dollar traded lower against a currency basket after downward producer price data challenged hopes for better U.S. economic growth.» Read More
Germany joins the U.S. at an historic high. France, Portugal and Japan also log good numbers as stocks continue to win in the hunt for yield.
U.S. stock market index futures signaled a higher open on Tuesday, as shares in Europe and Japan rallied on upbeat bank earnings and a weak yen, respectively.
European shares closed higher on Friday, helped by a rally in mining stocks and better-than-expected output from Anglo American.
Barclays steeply cut its oil price forecasts on Wednesday, becoming the last of the big banks active in commodities to abandon its bullish stance.
Cyprus may be a "special case" in the eyes of European officials, but their handling of its bailout is taking a toll on another small euro zone member with an over-burdened banking sector- Slovenia.
Journalists seem to be outnumbering Cypriots standing in lines at banks in Nicosia. That's good news, right?
Nearly three years after Britain's Conservative-led government vowed to restore the country to financial health, the economy looks stuck in a rut and could already be in its third recession since 2008.
Commerzbank, Germany's second-biggest lender, said it would set aside slightly more money for bad loans this year as the economic environment deteriorates.
Commerzbank, Germany's No. 2 bank, posted a larger-than-expected quarterly loss after a cut in its medium-term profit forecasts had a damaging effect on its tax accounting.
Eager to dig homeowners out from under a $374 billion mortgage mountain, South Korea is moving to let its banks start selling securities similar to those at the center of the 2007 U.S. housing crisis.
Technology stocks fell to push European shares lower and send Germany's benchmark DAX index to a 2013 low on Tuesday.
European shares finished in negative territory Monday, but financials helped limit losses after global banking regulators announced a watering down of key elements of their plan for banking rules.
Another nail in the coffin of pre-credit crisis bonus culture is set to come with the 2012-13 bonus season.
European shares ended mixed Tuesday amid "fiscal cliff" discussions in the U.S., but losses were limited as EU finance ministers met in Brussels to discuss details of a possible banking union.
*Divergent views on Greece's euro zone future fuel trade. LONDON, Nov 6- The Greek bond market is springing back to life as hedge funds bet on whether parliament approves more budget cuts to unlock vital foreign aid, or rejects them and threatens a default.
Chief Executive Norbert Reithofer said conditions were weakening, after the German company posted a 14 percent rise in third-quarter profit on Tuesday that beat analysts' forecasts.
NEW YORK, Nov 5- Oil prices rose on Monday in very choppy trading as investors remained cautious ahead of the U.S. presidential election and with the recovery from Hurricane Sandy under way in the affected East Coast region.
LONDON, Nov 5- Oil prices dipped towards $105 a barrel on Monday as investors remained cautious ahead of the U.S. presidential election and eyed demand destruction after Superstorm Sandy, whilst a stronger dollar also weighed.
LONDON, Nov 5- Oil prices slipped to around $105 a barrel on Monday, weighed down by a strong dollar and demand destruction after Superstorm Sandy, while investors remained cautious ahead of the U.S. presidential election. Front-month Brent futures were down 65 cents at $105.03 a barrel at 0946 GMT, while U.S. crude was down 34 cents to $84.52 a barrel.
LONDON/ FRANKFURT, Nov 2- European banks will dominate the group of lenders required to hold extra capital to protect the global financial system, despite moves to shrink their businesses in response to the region's debt crisis. Eight are from the United States, and four are from Asia.