The majority of European employers anticipate increasing hiring in 2014, according to the latest employment outlook survey from human resources consultancy ManpowerGroup.» Read More
The U.S. will surprise on the upside in 2012, says Jeremy Siegel, The Wharton School. Ann Winblad, Winblad Venture, and Bill Gross, PIMCO, also weigh in.
Europe is up a day after the ECB's 3-year LTRO. Banks lead the euro zone rally even though funding concerns remain. Italy's Mario Monti faces a final vote on austerity today. The euro is slightly up against the dollar. IAG secures $270 million BMI deal with Lufthansa, mostly for landing slots at Heathrow Airport.
U.S. futures are up after a mixed session on Wednesday. In Asia, pessimism remains over euro zone debt issues. Technology is still in focus after Oracle's miss. Weak Christmas sales are dragging the retail sector down. Markets are up in Europe a day after the ECB's 3-year LTRO. Banks lead the rise in shares. Markets await final reading on Q3 U.S. GDP. IAG plans to buy BMI from Lufthansa for 172.5 million euros. The sale is seen as positive news for the German airline.
Will cheap loans from the ECB rescue Europe's bank from its mounting debt problems? David Goldman, Macrostrategy.com, weighs in.
Mad Money host Jim Cramer shares his final thoughts on Europe's pseudo-elegant solution to Italy's banking problems.
Predicting the market outlook for 2012, with Nick Raich, Key Private Bank director of research and Rex Macey, Wilmington Trust chief investment officer.
CNBC's Brian Sullivan lays out the ECB's bold move for a long term refinancing operation, or LTRO, in Europe.
Sharing perspective on whether investors should bet on the United States market for the new year, with Uri Landesman, Platinum Partners president and Hugh Johnson, Hugh Johnson Advisors chairman/CIO.
Insight into the backdoor bazooka for Europe and his neutral call on gold, with Dennis Gartman, The Gartman Letter.
The U.S. markets are moderately lower, as volume gets lighter toward the end of the year. Oracle earnings weigh heavily on the Nasdaq, as the company misses earnings for the first time in a decade. Housing related stocks are mixed even though sales of previously owned homes rise in November. And RIMM shares jump on report that the company has rebuffed takeover talks.
European stocks rise, then sell off. A total of 523 banks borrow 489.2 billion euros in ECB funding, well above expectations. Banks likely to use most funds to pay down existing debt. Red Hat and Oracle misses weigh on tech stocks. Slow and painful 2012 ahead for Europe, according to SocGen economist. The MF Global U.S. trustee pursues $700 million in the UK. HSBC sells Japan private bank to Credit Suisse. UK consumer morale falls to its lowest level in nearly three years. With Dan Greenhouse BTIG chief global strategist.
Credit card use is now up 10.6% in the third quarter while debt card use has declined 5.9%, according to First Data. Greg Smith, a financial services analyst at Sterne Agee is bullish on credit card stocks now.
European markets are up as the ECB lends out 489.2 billion euros in first-ever 3-year lending operation, well ahead of the 310 billion euro expectations. Banks are higher on the day, while the euro is volatile following the ECB allotment. And the Bank of England votes to hold the bank rate unchanged at .5 percent.
Futures are up in the U.S. this morning. Europe is up as banks trade higher. The ECB plans to hold its first 3-year liquidity operation today. Italian GDP contracts .2 percent in the 3rd quarter. Italian and Spanish yields fall ahead of ECB 3-year LTRO. The Bank of England's MPC voted 9-0 to hold bank rate unchanged at .5 percent in December. China stocks fall despite pension fund injection reports. And Taiwan equities near a two-week high on government's funding pledge.
Nick Ferres, Investment Director, Global Asset Allocation at Prudential Asset Management highlights two key themes for 2012 - there will be a slowdown in the global economy, and secondly, we may witness the potential breakup of the euro zone.
Discussing Tuesday's upbeat news from Europe, whether the ECB's three-year borrowing plan will ease financial pressure on banks, with David Gilmore, FX Analytics, and Stephen Weiss, Short Hills Capital.
Steven Davies, CEO of Javelin Wealth Management says that recent developments from euro zone have addressed concerns such as support for the banking sector and tightening of liquidity.
By assigning itself as the global regulator of airlines' carbon emissions, the EU is just going to stir up major opposition to the "green tax", says Siva Govindasamy, Asia Managing Editor at Flightglobal.
Brian Kelly, Shelter Harbor Capital explains the term "backdoor bazooka", and whether it will provide a solution for the euro zone's financial woes.
CNBC's Bob Pisani and Rick Santelli report on stock and bond activity in Tuesday's markets.
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.
The first Chinese pianist to be engaged by the Berlin and Vienna Philharmonics, Lang Lang, learned to love classical music from a Tom and Jerry cartoon.
Max King, investment strategist at Investec Asset Management, says strong earnings are causing the equity market rally.
European equities opened lower on Tuesday, following cautious trade in their Asian counterparts.