troika

U.S. equity futures fell in early Friday trading as large companies including Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) reported earnings Thursday that missed analyst estimates. Apple reported sales that beat expectations but earnings missed and Amazon reported its first quarterly loss in...

U.S. equity futures rose in early Thursday trading as the U.K. economy was confirmed as exiting recession in the third quarter, due in large part to the Olympic boost. The economy there grew 1.0 percent in the third quarter from the second quarter, well above economist estimates of a 0.6 percent...

U.S. equity futures were flat in early Wednesday trading as fears over Spain's finances sent bond yields higher. Tuesday, Spain reported that deficits for the year-to-date were much larger than expected and reports overnight hinted that Germany and other core nations are going to push for Spain to...

U.S. equity futures fell in early Wednesday trading as European leaders indicated that Greece would not be granted further concessions in its bailout and that leaders do not have a cure for the European debt crisis. U.S. equities also reversed gains mid-session Tuesday after reaching fresh post-...

Rating agency Standard & Poor's took action late Tuesday on Greece and held its rating at CCC/C but placed the ailing nation on negative watch. S&P cited that Greece is likely to need additional financing from the EU/IMF to fund its budget this year and also a worsening economy. The news...

U.S. equity futures fell in early trading Wednesday after three straight days of gains in major indexes. Also, fears over Greece needing a third bailout and potential second debt restructuring increased overnight, following S&P making negative comments on the southern European nation. S&P...

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....

The Greek Prime Minister Antonis Samaras and Jose Manuel Barroso, the President of European Commission spoke after meeting in Athens today and acknowledged that Greece remains committed to staying in the euro, despite reports that Greece is on the verge of leaving the currency union. Wednesday,...

Talk of a full-scale sovereign bailout of Spain, along the lines of those received by Greece, Ireland, and Portugal, has increased over the last few days. On Friday, Spain announced a plan to bailout its ailing regional finances, effectively nationalizing regional debts. Also, Spain agreed a new...

Spanish 10-year bond yields rose to euro-era record highs Monday on fears that Spain would need a full sovereign bailout, not just the bank bailout that it has agreed to with the Troika. Spain would be the latest in the line of European nations to need a bailout including Greece, Portugal and...

Financial markets were in risk-off mode Monday morning with Spanish fears dominating the market. The seemingly endless stream of bad news out of Spain on Friday has spooked markets and the chances that Spain may need a full sovereign bailout increase. Spanish 10-year yields blew out for the second...