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Parasnand Madho
9 Feb, 2012 | 08:59 AM
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Ahead of the Bell: Dow futures are trading down 7 points and S&P futures are trading down 2 points after China reported January inflation data rose unexpectedly, which could force the government to alter course on its monetary policy.  Analysts were anticipating a cut in the bank reserve requirement ratio, but the recent inflation data could have eliminated the expectation.  Reports suggest Greece is close to a deal, the only sticking point remaining is pension reform, as leaders head to a meeting with the ECB in Brussels.  ...
Parasnand Madho
8 Feb, 2012 | 08:59 AM
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Ahead of the Bell: Dow futures are trading up 27 points and S&P futures are trading up 2 points following upbeat corporate earnings and investor optimism that Greece will secure a deal and avoid default. Greece's political parties will try again today to strike a deal with the government, as the pressure builds on Athens to accept stricter austerity measures. The fourth quarter earnings parade continues today with mixed results out of The Walt Disney Company.  ...
Parasnand Madho
7 Feb, 2012 | 08:59 AM
68,778 Views
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Ahead of the Bell: Dow futures are trading down 27 points and S&P futures are trading down 4 points. Greece's inability to reach a deal with its political leaders, and lack luster earnings from a few European companies are weighing on financial markets.  The EU has increased pressure on Greece to accept tougher fiscal policies, but investors are concerned if Greece is unable to agree to the stricter austerity measures, it might trigger contagion across the euro zone.  ...
Parasnand Madho
3 Feb, 2012 | 08:59 AM
65,159 Views
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Ahead of the Bell: Dow futures are trading up 21 points and S&P futures are trading 2 points. Greece is dominating the headlines again and currently negotiating with the troika (EC, ECB, and IMF), to receive its next round of rescue funds.  The country reached a tentative agreement with private bondholders on an existing debt swap and also said its 2011 budget deficit will be smaller than expected, both of which could help negotiations this weekend.      ...