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Benzinga Market Primer, Monday November 26
Monday, November 26, 2012 - 7:30am | 880Read More...Futures Drop on Greek Uncertainty, Catalan Vote U.S. equity futures fell in pre-market trading as uncertainty surrounding Greece's disbursement of its latest payment grips markets. Greece has already agreed on the necessary cuts with the Troika to receive the payment, however the current debate is...
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Benzinga Market Primer, Friday, November 16
Friday, November 16, 2012 - 7:18am | 818Read More...Futures Slip on Spanish Fears U.S. equity futures slipped in early Friday trade as fears of the finances of Spanish banks resurfaced. The Spanish government has placed a freeze on evictions of homes due to increasing suicide rates as people lose their homes, which will be costly to the banks in...
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Benzinga Market Primer, Wednesday, November 14
Wednesday, November 14, 2012 - 7:31am | 938Read More...Futures rise despite fiscal cliff fears. U.S. equity futures rose on early Wednesday trading despite renewed fears over the fiscal cliff. Investors may have become hopeful of a deal in Washington when yesterday, the White House announced that President Obama is set to speak today on the subject....
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Futures Rise on Election Day
Tuesday, November 6, 2012 - 7:16am | 957Read More...U.S. equity futures rose in pre-market trading on election day. Heading into the vote, the candidates are in a statistical dead heat as the margin of error on all of the tracking polls is generally wider than the difference in the surveys; thus, this is one of the closest races in history. Top...
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Futures Flat Monday Despite Better Economic Data from U.S.
Monday, November 5, 2012 - 7:10am | 1040Read More...U.S. equity futures were flat in early Monday trading as positive sentiment from better economic data in the U.S. was offset by bad news out of Spain. Over the weekend, German paper Die Welt reported that the European Central Bank may have broken its own rules in collateralized financing operations...
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Benzinga Market Primer, Wednesday October 17
Wednesday, October 17, 2012 - 6:09am | 1110Read More...U.S. equity futures were flat in early Wednesday trading ahead of lots of earnings releases expected. Also, Moody's refrained from downgrading Spain to junk overnight, but did keep the nation's credit rating on negative watch. Top News In other news around the markets: Conflicting reports Tuesday...
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Benzinga Market Primer, Tuesday October 16
Tuesday, October 16, 2012 - 6:12am | 1085Read More...U.S. equity futures rose slightly in early Tuesday trading as reports surfaced indicating that Spain may be closer to submitting to a Troika program in exchange for debt support from the ECB. Recently, it appeared as though Spain was reluctant to ask for a bailout, as the country did not want to...
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Benzinga Market Primer, Friday October 12
Friday, October 12, 2012 - 6:14am | 903Read More...U.S. equity futures rose slightly in early Friday trading as IMF Chief Christine Lagarde warned that the global financial system is just as weak as it was before Lehman Brothers failed in 2008. Speaking at the IMF conference in Tokyo, Lagarde also warned that central banks of industrialized nations...
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Benzinga Market Primer, Thursday October 11
Thursday, October 11, 2012 - 5:57am | 861Read More...U.S. equity futures rose in early Thursday trading as comments from the World Bank's President, Dr. Jim Young Kim, indicated that he believes that China will be very aggressive in trying to restore growth once the political transition has taken place within the first half of 2013. The comments from...
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Benzinga Market Primer, Monday October 8
Monday, October 8, 2012 - 6:22am | 763Read More...U.S. equity futures fell in early Monday trading as the World Bank slashed growth forecasts for Asian nations including China. The World Bank cut its estimates for Chinese growth in 2012 to 7.7 percent annualized GDP growth from 8.2 percent previously and cut its 2013 GDP growth estimate to 8.1...
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Benzinga Market Primer, Wednesday October 3
Wednesday, October 3, 2012 - 6:09am | 849Read More...U.S. equity futures were effectively flat in early Wednesday trading as the eurozone's services sector contracted slightly less than expected in September, despite severe weakness in Spain and France and slight weakness in Germany. The eurozone-wide PMI rose to 46.1 in September, higher than August...
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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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Rajoy to Unveil Spain's 2013 Budget Amid Euro Decline
Thursday, September 27, 2012 - 3:05pm | 314Read More...The euro continues to steadily decline against the U.S. dollar, closing the market Wednesday at 1.2874. According to CNBC, prices were expected to rise Thursday morning in anticipation of Prime Minister Mariano Rajoy's unveiling of Spain's 2013 budget. Amid violent protests, Rajoy is expected...
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Benzinga Market Primer, Quadruple Witching Friday September 21
Friday, September 21, 2012 - 8:52am | 670Read More...U.S. equity futures climbed in early Friday trading as reports surfaced that Spain is in talks with the European Union to receive a full bailout as early as next week. The Financial Times was the first to report the news Thursday afternoon but the story has spread since and risk assets rallied...
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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...














