troika

Futures Lower on Weak Chinese Economic Data U.S. equity futures traded sharply lower in the pre-market following Friday's sell off on weaker than expected economic data from China. China reported that first quarter GDP grew at a 7.7 percent annualized rate vs. 8.0 percent expected, while...

Cyprus' financial sector bailout has swollen in size, according to draft documents from the international creditors including the International Monetary Fund, the European Central Bank and the European Union. Cyprus' bailout has swollen some 35 percent in just a few weeks, from an initial...

Futures Slightly Lower Ahead of Employment Report U.S. equity futures declined in early pre-market trade ahead of the much anticipated Employment Situation Report from the Bureau of Labor Statistics. The average of economists surveyed by Bloomberg is expecting 193,000 jobs added, with the most...

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...

Late Sunday, Cyprus reached a deal with the Troika of creditors made up of the EU, the ECB and the IMF. In the deal, small deposits (mainly those of smaller, domestic savers) would be protected and the nation's banking sector would be drastically reformed. The draft proposal calls for Cyprus to...

As Cypriot leaders and Troika creditors discuss the latest bailout for Cyprus, much has happened over the weekend. Here is a quick round-up of the headlines from the past couple of days. Cypriot leaders claim to be close a deal with creditors, placing a 20 percent levy on deposits greater than 100...

Futures Sharply Lower on Cypriot Bailout, Deposit Raid U.S. equity futures traded sharply lower in early pre-market trade Monday after EU leaders agreed to a bailout in principle for Cyprus, however choosing to penalize savers in the country for the bailout. The EU is set to place a levy on...

Futures Rise on ZEW Survey U.S. equity futures rose in pre-market trading modestly after earlier posting losses as the German ZEW Economic Sentiment Index. The Index was released at 48.2 for February, well above forecasts of a reading of 35 and above the January reading of 31.5. It is important to...

Futures Flat on Greek Deal U.S. equity futures were flat in early Tuesday trade as the Troika of lenders reached an agreement to disburse Greece's latest bailout tranches and give the nation more time to repay its bailout loans. Ministers agreed to cut the interest rate Greece has to pay on its...

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...

Futures Slip on Greek Woes U.S. equity futures slipped in early Wednesday trade as the Troika of Greek lenders could not agree on a deal to cut Greek debt further. Specifically, the IMF refused to concede any further debt relief to Greece and conservative leaders such as German ministers were...

Futures plummet as Greece gets more time on bailout, German Economic Sentiment Drops. U.S. equity futures dropped precipitously in early Tuesday trading following a day of think trading as only stock markets were open in observance of Veterans Day Monday. Overnight, European finance ministers and...

U.S. equity futures were flat Thursday ahead of interest rate decisions from both the European Central Bank and the Bank of England. Also, overnight Greek leaders approved the latest round of austerity measures by a narrow margin, paving the way for Greece to get its next round of bailout funding...

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...

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...