spain

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....

The number of people claiming unemployment benefits in Spain fell for the fourth month in a row in June as the country, fighting an unemployment crisis that has seen unemployment rise above 25 percent, has seen some relative improvement in the economy over the past few months. For June, the number...

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...

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...

Just as markets were gripping with , Spain has slashed its growth forecasts for 2013 and now expects a wider contraction in 2013. Also, Spain does not expect to meet the EU deficit targets for an additional two years under the current assumptions. For 2013, Spain revised down its growth forecast...

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...

European bailouts: investors are sick of them. Every six months or so, the European debt crisis seems to move from country to country in what can only be described as a period of rolling crises. As an interesting thought exercise, consider what a portfolio of the bailed out countries would look...

Futures Rise, Eyeing European Politics U.S. equity futures rose in early Monday trading as the S&P 500 closed last week at its highest level since 2007. Futures rose on hopes that European leaders would agree on new aid for Cyprus and reach new agreements on Greece's bailout. However, fears...

Monday, global financial markets got beat down on what was effectively a repricing of sovereign and political risk in Europe. Bond yields rose, bank stocks fell, and broadly, risk assets traded weakly. Europe just looked pretty ugly Monday. Beginning in Italy, 10-year government bond yields crept...

Futures Rise on Strong Chinese GDP U.S. equity futures rose slightly overnight following the release of China's fourth quarter GDP. The National Statistics Bureau reported that fourth quarter GDP rose at an annualized rate of 7.9 percent, better than the 7.8 percent forecast by economists and...

Futures Slip on Weak Euro Data U.S. equity futures declined in overnight trading as weak retail sales data in the eurozone sent markets lower. Also, earlier this morning, it was reported that the eurozone unemployment rate increased to a new record-high of 11.8 percent from 11.7 percent in the...

Futures Flat on Debt Ceiling Fears U.S. equity futures were flat in early trading Thursday following a letter from Treasury Secretary Geithner to leaders stating that the debt ceiling would be breached on December 31 unless the Fiscal Cliff were to be avoided and the ceiling raised. Geithner has...

Futures Flat on Fiscal Cliff Fears Despite Japanese Easing U.S. equity futures were nearly unchanged in early Thursday, trading on fears over the Fiscal Cliff as democratic leaders claim that the presentation of a Plan B by the republican caucus represents a significant setback in talks. It now...

Futures Rise on Global Growth Bets U.S. equity futures rose in pre-market trading on renewed hopes of global growth following the strong German ZEW Economic Survey release. The survey, a key indicator of German and European growth, rose to 6.9 in December from -15.7 in November and better than...

Futures Rise on Chinese Investment Plan U.S. equity futures rose in early Wednesday trading as China opened up financial markets to further investment from insurers and increased urbanization plans. The moves serve as ways to support the banking sector in the country, as insurers can now use bank...