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Parasnand Madho
11 Jul, 2011 | 08:32 AM
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Ahead of the Bell: Dow futures are trading down 116 points and S&P futures are trading down 14 points after data from China showed annual inflation hit a three-year high. China's Premier Wen Jaibao said inflation is the main focus for the government.  Investors are concerned the Chinese central bank will raise interest rates again. European finance ministers are set to meet and discuss today a second round of bail-out for Greece. The main issue is how to get private bond holders to participate in any Greek debt rollover. Traders are skeptical an agreement can be reached. ...
Parasnand Madho
7 Jul, 2011 | 08:27 AM
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Ahead of the Bell: Dow futures are trading up 22 points and S&P futures are trading up 3 points despite the ECB raising interest rates from 1.25% to 1.50%. This is the second increase in rates during Europe’s lingering sovereign debt crisis. Ratings agencies, Moody's and S&P, have downgraded Portugal and Greece in recent days to junk status. EU officials have pushed back against the downgrades and traders are speculating the EU will step in and minimize the impact of the ratings agencies. ...
Parasnand Madho
1 Jul, 2011 | 08:22 AM
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Image by Getty Images via @daylife ...