Hello friends, US Stocks May Come Under Pressure In Early Trading, After ending the previous session nearly flat, stocks are likely to move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 65 points
Latest update from Greek debt crisis, Juncker Expects Decision On Greece's Next Aid Tranche On Nov 20 Meeting, Euro area finance ministers will hold an extraordinary meeting again on November 20 to finalize the payment of the next tranche of Greek aid, Jean-Claude Juncker, the head of Eurogroup said after chairing the meeting in Brussels late Monday. Finance ministers granted Greece two extra years to meet its budget targets, although they indicated that they will hold more negotiations
Latest Britain's economic news, University Fees Boost U.K. Inflation, U.K. annual inflation accelerated more than expected on a surge in university tuition fees and food prices in October and drifted inflation away from the central bank's 2 percent target. Inflation rose to 2.7 percent in October, the highest since May, from 2.2 percent in September, the Office for National Statistics said Tuesday, U.K. RICS House Price Balance Improves In October, The house price balance in the U.K. reached the highest level in more than two years in October and buyer enquiries picked up on positive sentiment stemming from credit availability, a closely watched survey revealed Tuesday
Meanwhile, latest economic news from Berlin, German Economic Confidence Unexpectedly Deteriorates, German economic sentiment worsened in November, reflecting investors' subdued expectations amid recessionary developments in the euro area, data from a survey by the Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment declined unexpectedly by 4.2 points to -15.7 in November. The reading was forecast to improve to -10 and marked the first drop since August
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