At least two people were killed in a gunfight early on Sunday near a Ukrainian city controlled by pro-Russian separatists.» Read More
In less than two hours, holders of Greek debt will decide whether they'll go along with a debt restructuring deal, reports CNBC's Michelle Caruso-Cabrera.
The Squawk on the Street team have the rundown on the European markets as the trading session closes, including the looming deadline today for Greece's debt swap deal, the euro hitting session highs against the dollar, and the Italian and Spanish ten-year yields; with Bill Herr, Trader Wealth Management.
There are lots of statistics that suggest that M&A should have some activity but it isn't, says Peter Weinberg, Perella Weinberg Partners, who explains why he sees more M&A activity happening towards the end of 2012.
Will enough creditors participate in Greece's debt swap deal? CNBC's Michelle Caruso-Cabrera reports the latest from Athens.
With less than 24 hours until Greece's deadline for a debt deal, is there enough support among creditors to avoid a default? CNBC's Michelle Caruso-Cabrera has the details.
European markets close higher on Greek debt swap optimism. Markets rally over optimism about Greek deal. Fifty percent approval a key threshold for Greek debt swap. Banking stocks get a boost on the latest news from Greece. With Erik "Wolfman" Wilkinson, independent trader.
Federal prosecutors have charged six alleged members of the Anonymous “hacktivist” group with conspiracy and computer hacking-related crimes after it emerged that an alleged leading member of the collective had turned informant of the Federal Bureau of Investigation, the Financial Times Reports.
European markets end the day down across the board, on concerns about Greece. SocGen, Unicredit lead European banking shares lower. The IIF says a disorderly Greek default would cost the euro zone $1.3 trillion. The Greek Finance Minister says the bond swap offer is final. And euro zone economic output was down .3 percent in Q4 compared to Q3. With Dan Greenhaus, BTIG chief global strategist.
European shares fall on renewed worries about Greek debt swap. BP shares rise on news of a $7.8 billion Gulf oil spill settlement. Euro zone retail sales rise .3 percent in January from December. Russia's Putin wins another Presidential term. Daimler says Mercedes-Benz sales up 20 percent in February vs. last year. With John Ryding, RDQ Economics.
Weighing in on why the decline in China's growth is normal and a look at the areas around the globe that are seeing growth, with Dan Greenhaus, BTIG, who says overall global growth is going to be slower in the next two years.
European shares were down on Monday due to concerns about the Greece debt swap deal, China's 2012 growth target, and Spain and Italy's struggling economies. However a strong performance from BP, after its lower-than-expected oil spill settlement, helped the FTSE 100 outperform.
U.S. stock futures pointed to a lower open for Wall Street on Monday, with concerns focused on China's lower-than-expected 2012 growth target, and tension in the Middle East.
"I see a very clear distinction between Italy and Spain," Bob Parker, Senior Advisor, Credit Suisse, told CNBC. "Spain has still got ongoing structural issues with high unemployment at 23 percent, the ongoing restructuring the savings banks, the 'caixas' plus the unwinding or the bursting of the real estate bubble. Italy, very different, high savings rate, we never had a consumer credit bubble, we never had a real estate bubble, I think there is a high probability that despite the weaker economic data, that the overall budget position in Italy in 2014 could be close to balance," he added.
"I don't expect that politicians can defend that savers earn 10 percent interest rate and do not consider a default of such high yields accordingly," Prof. Norbert Walter, managing director and economist at Walter & Tochter Consult, told CNBC. "Therefore, to bail in 'bail in' the private savers is quite natural," he added.
The market movers investors should watch next week, including data from China, the Greek debt swap deadline, and the jobs report, with Sarah Ketterer, Causeway Capital Management and Michael Yoshikami, Destination Wealth Management.
European markets finish the week with a mixed results. Bank stocks are among the best performers. Analysts say ECB liquidity injection has eased fears, but the ECB's Draghi warns not to expect further injection of funds into banks. Spain intends to base 2012 budget on higher deficit target than stated earlier. With Jim Bianco, Bianco Research and Diane Swonk, Mesirow Financial.
Investing in Russia requires nerves of steel, says CNBC's Steve Liesman, who explains why Russia has been very very good and very very bad for foreign investors.
CNBC's Ross Westgate has a roundup of major European markets, pointing out that bond yields are falling on Spanish and Italian debt.
One-third of the world's billionaires call Russia home. CNBC's Steve Liesman reveals how the wealthiest Russians live.
The Euro is consolidating recent gains, trading just above 1.33 versus the U.S. dollar. MacNeil Curry, Bank of America Merrill Lynch, weighs in.
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Jan Dunning, CEO of St Petersburg-headquartered hypermarket chain Lenta, says the situation in Ukraine has had no impact on the group, as consumer confidence remains unaffected in Russia.
Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.
European shares closed higher on Thursday as investors brushed aside concerns regarding Ukraine and focused instead on Wall Street earnings and the latest U.S. jobs data.