ESM

Futures Rise on Chinese Data U.S. equity futures rose slightly in early Monday trade following a slew of Chinese data over the weekend. The Chinese Manufacturing PMI rose to 50.6 in November from 50.2 in October, showing a continued recovery in the sector. In addition, the official Services PMI...

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...

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...

CSI Forex, a market data provider and investigative company, reported Friday that the rapid spike in the EUR/USD was caused by a rumor that European leaders may be about to implement a short selling ban on sovereign debt. Such a ban would effectively cap yields at current levels and potentially...

The European Central Bank painted a bleak outlook for the European economy early Thursday in a monthly bulletin. The bank forecasted a decline in inflation over the next two and a half years and expected a tepid return to growth for the 17 member states of the monetary union in 2013. The bank's...

A recent survey of European investors conducted by Fitch ratings points to a growing need for a new round of Longer-Term Refinancing Operations (LTROs), which entail cheap financing for private banks from the European Central Bank. The quarterly survey of investors shows that 53 percent of...

At first glance, traders seem to be disappointed with the European Central Bank President Mario Draghi's decision not to launch a new round of bond purchases. However, hidden inside the rhetoric lies a concrete plan for Draghi to save the Eurozone and protect the euro. Draghi stated, "Risk premia...

Markets traded higher Friday afternoon on comments from the ECB's President Mario Draghi. Reportedly, the central bank is set to broaden its policy response to the European Debt Crisis at its policy setting meeting next week. According to Bloomberg, Draghi indicated that he would advocate further...

Overnight, Greece's three main coalition leaders agreed on measures to reduce spending by approximately $12 billion over the next two years. These cuts amount to nearly all of the $13.8 billion in cuts which the Troika demanded in order to release the next tranche of bailout money to Greece....

Reports have been circulating recently indicating that Spain may be nearer to a full sovereign bailout than ever before. Even as Spain's deputy Prime Minister denies claims that Spain needs a full bailout, reports have been swirling that as recently as last week discussions were held over a $350...

U.S. equity futures rose slightly early Friday ahead of the U.S. GDP report and on news that the bailout funds in Europe are preparing to buy Spanish and Italian bonds on the secondary market. Le Monde, the French newspaper, cited "sources" saying that the European Financial Stability Facility (...