Anko Beldsnijder, senior portfolio manager at MainFirst Bank, told CNBC, "as an investor you are pretty much in this drama as well, as in this extremely top down driven market it is unavoidable that you focus on that, it is more interesting if you talk to company managements as they seem to ignore the drama much more."
Bill Strazzullo, partner and CMS at Bell Curve Trading, told CNBC, "I don't know if it is going to be possible to sustain job increases of 200,000 a month like we saw in December and January, I think a lot of that number was a result of the unseasonably warm weather, I am a little bit sceptical."
James Sullivan, Head of Asia Telecom Research at JP Morgan discusses why and how Singtel will continue its dominance, supported by Singapore's NBN project.
January Likely entry into the World Trade Organisation could put Russia on the road to a 3.3% GDP boost – and the potential to reach 11%. February The PlayStation Vita – successor to the PSP – is launched, with a Sony survey claiming that 60% of PSP and 63% of PlayStation owners will buy one within 18 months. The PSP has sold more than 70 million units since it 2004 launch, and Sony has high hopes for the Vita. The cheapest model will cost €270. March Facebook is expected to top a billion accounts/users. April Roger Waters’ The Wall Live tour comes to its planned end (although more dates ...
U.S. markets are mixed on the day, after opening higher on the Greek agreement. Cisco shares lower, but up nearly 50 percent since last August. And Pepsico is down nearly 4 percent after it refers to 2012 as a "transition year." And Diamond Foods takes a major hit after announcing it's getting rid of two top executives over improper accounting.
Dr. Jörg Krämer, chief economist at Commerzbank, told CNBC, "the negotiations with private sector investors are still not concluded and so it would be stupid for Draghi to say anything. In the end I would expect the ECB to take a haircut..."
Tom Albanese, CEO of Rio Tinto, told CNBC, "we see the mining sector very strong long-term prospects and certainly that was evident by our underlying performance, record underlying earnings: 15.5 billion, record cash flows: 27 billion, these are strong numbers."
Henrik Ramlau-Hanse, CFO of Dankse Bank, told CNBC, "we continue here from Danske Bank to see a difficult environment for 2012, we came out of 2011 with earnings of 1.7 billion Danish kroner and we also expect for 2012 that our earnings will remain low, so we still expect a difficult macro economic climate."
Stock index futures pointed to a flat open for Wall Street today as investors looked ahead to talks to secure a new bailout for Greece as well as a policy decision by the European Central Bank. In Europe, shares were higher in morning trade on hopes that a second bailout deal for Greece was in the making, with the country's finance minister on his way to Brussels for a meeting with other euro zone finance ministers.