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Europe Top News and Analysis Ireland

  • The United States faces similar debt troubles to Europe's, yet its large size will spare it from spiraling into a sovereign crisis, Marc Chandler, global head of currency strategy at Brown Brothers Harriman, told CNBC on Wednesday.

  • Stocks added to gains Wednesday after a handful of economic reports pointed to an improving economy.

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    Ireland faces an uphill struggle to survive the turmoil currently plaguing it, and the rest of Europe will need to stand by the country if it wants to avoid the debt crisis spreading further across the region, Mohamed El-Erian, CEO and co-CIO of Pimco wrote in a commentary piece for the Financial Times on Wednesday.

  • Stocks were poised to open higher Wednesday after reports on the labor market and consumer spending pointed to an improving economy and as investors shifted their focus away from tensions between the two Koreas and European debt worries.

  • Euro coin in front of the giant symbol of the Euro outside the headquarters of the European Central Bank.

    The euro is not in trouble but there are big imbalances in the euro area that need to be addressed, the Eurogroup's president Jean-Claude Juncker told CNBC Wednesday.

  • Fortunately, the important news from Spain is good and the recent market punishment, which has seen sovereign spreads to Germany rise substantially, is unwarranted.

  • Euro coin in front of the giant symbol of the Euro outside the headquarters of the European Central Bank.

    The euro is not in trouble but there are big imbalances in the euro area that need to be addressed, the Eurogroup's president Jean-Claude Juncker told CNBC Wednesday.

  • Traders sit in front of their screens at the stock exchange in Frankfurt/Munich, western Germany.

    Financial bookmakers expect to see Europe's top indexes rising on Wednesday, with resource-related shares finding support in rising metal and commodity prices.

  • Wall Street

    The dollar is finding friends, as it always does when the world looks a little shaky.

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    The Irish government is poised to take a majority stake in Bank of Ireland, which will leave the Republic without a single significant lender independent of state control.

  • Stocks ended sharply lower Tuesday amid concerns the Irish debt crisis would spread to other euro zone countries and the effects of the crisis in Korea prompted investors to dump risky assets. Microsoft and JPMorgan fell, while HP rose.

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    Stocks are getting ripped by North Korea and Ireland, with all the fears that go along with those two stories. People should not panic. A lot of good news out there is suggesting a strong economy, regardless of what the Fed says.

  • Stocks continued to sink as the dollar rose Tuesday as investors grew skittish about the prospects of the Irish debt crisis spreading to other periphery euro zone countries as well as escalating tensions in Korea. Chevron and Exon fell, while HP rose.

  • arnold commando

    Yesterday, we blasted the Bazooka Theory at work in the European Union's bailout of Ireland. Today the Wall Street Journal provides even more evidence of the stupidity of the theory:

  • Japan will be forced to take austerity measures similar to those embarked upon in many European countries, but Prime Minister Naoto Kan’s five-month-old government has so far failed to take decisive action to get Japan’s economy back on track, Tobias Harris, author of "Observing Japan" said.

  • U.S. stock index futures remained lower after news of a better-than-expected revision for third quarter Gross Domestic Product as investors added an escalating conflict in Korea to the growing list of concerns dragging market sentiment lower.

  • Portugal

    Portugal is bracing for an increase in speculative trades against it as some investors expect it to be the next European nation to need a bailout now that Ireland is taking a massive loan to prop up its banks.

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    European stock index futures pointed to a lower open on Tuesday, as investors were rattled by mounting tensions in the Korean peninsula.

  • New York Stock Exchange, lower Manhattan, New York City.

    Tuesday's economic headlines should show that the third quarter grew at a slightly better rate than reported, but the Fed's view of next year is likely to be worse than its previous forecast.

  • Stocks clawed back, but still ended mixed, as techs and retailers rose in the final half hour of trading and the market continued to digest a potential insider trader scandal as well as a lack of clarity over the direction of financially troubled European countries. BofA and JPMorgan fell, while HP rose.