This weekend is the one Europe's Christmas tree industry has been working so hard for all year.» Read More
European markets fall as Fitch says ECB should ramp up bond buying. The euro falls to a 16-month low vs. the dollar following Fitch comments. Italian banking stocks rebound, led by Unicredit. There was strong demand for the sale of German bonds. The German economy shrinks during the 4th quarter. Merkel praises the Italian government for speed of launching reforms. Italian PM Monti warns of austerity exhaustion and says austerity alone will not solve all of his country's problems. A new report calls organized crime "Italy's Biggest Bank." Commercial bank overnight deposits at the ECB hit another record high. Natural gas stocks are weak as natural gas hits its lowest level since September 2009. With Yra Harris, Notes from Underground blog.
CNBC's Rick Santelli says that the focus on Europe will increase as investors will try and get involved with the CDS market or try and short financial and service companies in Europe or even globally.
Germany's Q4 GDP fell to .25 percent, reports CNBC's Ross Westgate, who examines the European markets.
European shares close solidly higher as Wall Street rallies. European commodity stocks are boosted by Alcoa's outlook. The ECB meets Thursday: the Euro zone enters recessionary territory. Fitch says it doesn't foresee cutting France's AAA rating this year. Fitch also says countries under review, like Italy and Spain, could be cut one or two notches. Germany's Merkel and the IMF's LaGarde are slated to meet today in Berlin. Philips says European weakness will hurt its Q4 profits. The Bank of France says the
CNBC's Michelle Caruso-Cabrera has the details on the guidelines for a Greek debt deal.
CNBC's Ross Westgate has an update on European markets, including pessimistic outlooks for Philips and Siemens.
The play on Europe before next Monday's Greece audit, with Larry McDonald, Newedge senior director.
The situation in Europe can get worse before European Union leaders announce a joint Euro bond and investors will be in an "unstable, difficult environment," Gary Jenkins, director at Swordfish Research, said.
If Europe is worse, there will be a one to two percent negative GDP growth, says Jack Welch, former GE chairman/CEO. Welch says European travel budgets are not reflective of the negative outlook for its economy, which means management is not taking the problems seriously.
CNBC's Rick Santelli says the U.S. is fortunate it hasn't seen the kind of dramatic increases in bond yields that have affected some European nations.
Germany paid negative-yield for the first time ever on a bond auction, reports CNBC's Ross Westgate. "Germany is making money out of borrowing," he says.
"Politicians have been behind the curve. They have come up with big initiatives, without giving details; we are in that situation again," said Philip Poole, head of macro and investment strategy at HSBC Global Asset Management. "I think we need to see that December agreement fleshed out. At the moment we do not even have a path to a solution that is mapped out."
Why didn't the better than expected jobs numbers move the markets higher? Jeff Cox, CNBC.com, takes a look at the trends.
CNBC's Steve Liesman discusses Europe's struggling economy and prospects for global growth, with Olivier Blanchard, IMF chief economist.
Discussing what matters more to investors, an improving U.S. economy or that Europe isn't getting worse, with CNBC's Steve Liesman and Simon Hobbs.
Discussing continued uncertainty over Europe and the euro dropping below $1.27 for the first time since September 2010, with CNBC's Steve Liesman, and Athanasios Orphanides, Central Bank of Cyprus governor.
Markets in Europe are mostly down even after positive U.S. jobs report. Euro zone inflation eases to a 14-month low in November, according to ECRI. The Swiss National Bank chairman says he will not resign over the recent currency scandal. Record overnight deposits at ECB, again. The euro dips below $1.27 for the first time since September 2010. And EU governments consider delaying their Iran oil ban.
The Squawk on the Street team breaks down today's market moving headlines, including the December employment report, worrisome data in Europe, and some big calls on Dow components.
A check on the dollar and whether it will head higher as Europe is an issue back on investors' minds; insight on the tensions in Iran driving oil prices higher, with and discussing why investors are holding on to the metals space, with Nick Bennenbroek, Wells Fargo, Tom O'Brien, The Gold Report; Peter Beutel, CameronHanover.com,.
European stocks are higher ahead of the U.S. jobs report. Insight on how the European markets are faring, with CNBC's Ross Westgate.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Alex Donohue, spokesman for Ladbrokes, tells football fans how he thinks they should place their bets for Next Year's World Cup.
Nick Stone, co-founder of FIXR, says his new clubbing app could revolutionize nights out in London.
Alec Young, global equity strategist at S&P Capital IQ, says markets are taking the Federal Reserve taper threat in their stride, and focusing more on the improving economy.