Eurozone

Roger Altman, Chairman and co-founder of Evercore Partners (NYSE: EVR), and former United States Deputy Secretary of the Treasury under Bill Clinton, appeared on CNBC's Squawk Box on Friday to discuss austerity in the eurozone being driven by financial markets opposed to politicians. He also...

Futures Flat on Mixed Economic Data U.S. equity futures traded little changed in early pre-market trade following mixed global economic data. Mixed data out of Japan was followed by a flood of data out of Europe which continued to point to room for the European Central Bank to ease policy further...

Cyprus is set to announce capital controls for its ailing banking system late Wednesday ahead of the banks reopening Thursday. Cypriot banks have remained closed for nearly two weeks as the nation is gripped by a financial crisis and has recently just accepted a draconian Troika bailout to ease its...

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 After Monday Losses U.S. equity futures rose in pre-market trading after U.S. and global markets suffered losses Monday on the back of renewed sovereign stresses in the eurozone. However, the repricing of the sovereign and geopolitical risk halted Tuesday and shares rose. Top News In...

Caterpillar Inc. (NYSE: CAT), the producer of heavy manufacturing equipment, reported fourth quarter earnings that beat estimates excluding a one-time item Monday. Shares rose in the pre-market on the release on the beat and on the company's guidance for future earnings. For the fourth quarter...

Deposits in peripheral European nations' ailing banks recovered nicely in December as lessening concerns over the health of the Eurozone increased confidence in the financial sector. Since the onset of the crisis, capital has flowed out of peripheral banks and into those of core nations, mainly...

Coming off a surprisingly strong performance in 2012, European equities, broadly speaking, still sport favorable valuations and are showing the potential to deliver solid returns this year. On that note, S&P Capital IQ Chief European Equity Strategist Robert Quinn says European bourses have the...

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 Fiscal Cliff Deal Hopes U.S. equity futures were flat in early pre-market trading as politicians continue to work towards a deal in resolving the Fiscal Cliff. Over the weekend, House Majority Leader Boehner reportedly proposed a bill that included tax hikes for the rich. However,...