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Service PMI Round-Up: China, Eurozone Disappoint as Britain Improves
Wednesday, July 3, 2013 - 11:12am | 499Read More...Global service PMIs were released overnight with weakness in China and the eurozone weighing on markets around the world. A slower pace of expansion in China's service sector increased fears of a China hard landing while a weaker than expected reading in the eurozone coupled with a flare up of...
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Benzinga Market Primer: Wednesday, July 3: Half Day of Trading
Wednesday, July 3, 2013 - 6:29am | 933Read More...Futures Drop Into Shortened Trading Day On Weak Services PMIs, Geopolitical Fears U.S. equity futures declined in early pre-market trade ahead of the shortened trading day on weaker than expected services PMIs around the globe. Weak data from China to the eurozone weighed on sentiment overnight....
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Eurozone Manufacturing Contracts Less Than Expected In June, Spain Improves
Monday, July 1, 2013 - 10:56am | 553Read More...A key measure of manufacturing output in the eurozone rose in June to the highest level in sixteen months amid the continent wide recession that has seen unemployment, specifically of the younger population, rise to record levels. Spain and Italy both showed notable strength in June the...
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Benzinga Market Primer: Monday, July 1
Monday, July 1, 2013 - 6:34am | 1076Read More...Futures Rise Despite Weak China Data U.S. equity futures rose in early pre-market trade despite weak manufacturing data out of China. The official manufacturing PMI fell to a four-month low of 50.1 in June from 50.8 in May, in line with expectations. However, the HSBC manufacturing PMI, which...
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Eurozone Economy Continues to Improve Modestly as German Manufacturing Drops, Spanish Bond Auction Spooks Markets
Thursday, June 20, 2013 - 11:01am | 655Read More...Europe had a busy day on the economic calendar Thursday with many market moving events adding to already negative sentiment emanating out of the U.S. and Asia. Better than expected manufacturing and services PMIs from the broad eurozone were offset by manufacturing weakness in Germany while a...
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These Awesome Charts Highlight Just How Diversified (or Homogeneous) Some Nations' Exports Are
Friday, April 12, 2013 - 3:36pm | 136Read More...Ever wondered what the leading exports of Antarctica or North Korea or the Solomon Islands are? Well you've come to the right place. Courtesy of the Wikimedia Commons and the Observatory of Economic Complexity, Benzinga has compiled an array of export tree maps from countries and regions around the...
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Benzinga Market Primer: Thursday, March 21
Thursday, March 21, 2013 - 6:39am | 936Read More...Futures Flat on Global Manufacturing Data U.S. equity futures were flat in early pre-market trade following manufacturing PMI's from both China and the eurozone. China's HSBC Flash Manufacturing PMI rose to 51.7 in March, reversing February's drop and easing fears of a renewed Chinese slowdown....
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Benzinga Market Primer: Wednesday, February 20
Wednesday, February 20, 2013 - 7:24am | 847Read More...Futures Flat on Global Stimulus U.S. equity futures were flat overnight despite comments from global central banks indicating more stimulus may be imminent. Minutes from the Bank of England's Monetary Policy Committee meeting as well as comments from the Reserve Bank of New Zealand Governor...
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Yum! Posts Solid Fourth Quarter, Stock Drops on Poultry and Lawsuit
Tuesday, February 5, 2013 - 1:13pm | 485Read More...Yum! (NYSE: YUM) has reported its fourth quarter earnings, meeting analysts' consensus on the EPS front. EPS came it at $0.72 for the quarter - dead on target with expectations. The figure was, however, below the $0.75 reported during the same period in 2011. For the year, EPS rose considerably...
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Benzinga Market Primer: Wednesday, January 16
Wednesday, January 16, 2013 - 7:42am | 864Read More...Futures Lower Ahead of Earnings U.S. equity futures slipped ahead of key earnings reports as earnings season looks set to enter its busy stage over the next few weeks. Eleven S&P 500 components are set to report earnings Wednesday. Top News In other news around the markets: The Italian...
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Benzinga Market Primer: Tuesday, January 15
Tuesday, January 15, 2013 - 7:26am | 822Read More...Futures Flat on Weak German GDP U.S. equity futures traded fractionally lower in early Tuesday trade following the release of fourth quarter and full year 2012 GDP data for Germany. German GDP contracted 0.5 percent in the fourth quarter bringing the 2012 total rate of growth of +0.7 percent,...
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Benzinga Market Primer: Wednesday, January 9
Wednesday, January 9, 2013 - 7:23am | 823Read More...Futures Flat On Global Weakness U.S. equity futures were essentially unchanged overnight as fears over the health of the European economy and of growing credit risks in China spooked investors. Markets also await the interest rate decisions from the Bank of England and the European Central Bank...
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Euro Gains Momentum as Spain Announces Reforms
Friday, September 28, 2012 - 6:14am | 286Read More...The euro opened Friday at 1.2917, a reflection of the positive effect Spain's budget reform announcement had on investors Thursday afternoon. Bloomberg reported that the budget reform included cuts in the ministries' spending as well as a new tax on lottery winnings. This is coupled with 43 new...
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German Court Upholds ESM
Wednesday, September 12, 2012 - 9:27am | 233Read More...Investors celebrated after Germany's highest court rejected calls to block Europe's permanent rescue fund, the European Stability Mechanism (ESM). Critics had argued that the ESM commits Germany to potentially unlimited support of debt-laden Eurozone states. The ruling allows for the ESM to come...
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Benzinga Market Primer, Thursday August 9
Thursday, August 9, 2012 - 7:09am | 760Read More...Markets showed caution early Thursday following mixed data out of China overnight and renewed fears over the European Debt Crisis. Chinese CPI inflation fell to 1.8 percent on an annualized rate, lower than the 2.2 percent rate seen in June but better than expectations of a 1.7 percent annualized...















