U.S. stock-index futures declined as Greek political leaders struggled to form a government, raising concern the Mediterranean nation may default on its debt as early as next month.
Electronic Arts Inc. (EA), the second-largest U.S. video-game publisher, fell 6.8 percent in German trading after forecasting a loss wider than analysts estimated. Citigroup Inc. (C) the third- biggest U.S. retail bank, slid 0.5 percent in Frankfurt as European lenders slipped.
Futures on the Standard & Poor’s 500 Index (SPX) expiring in June dropped 0.5 percent to 1,359.3 at 10:16 a.m. in London. The benchmark equity gauge yesterday halted three days of declines, helped by a rally in bank shares after Warren Buffett said American lenders are in “fine shape.” Contracts on the Dow Jones Industrial Average lost 58 points, or 0.5 percent, to 12,901 today.
Oil futures score weekly gain of nearly 8%
Crude-oil futures settled with a loss on Friday as a drop in the U.S. stock market and ongoing debt woes in Greece fed concerns about energy demand, but after posting gains over the past six sessions
Futures climbed 7.9 percent this week amid expectat
EUR/USD pares gains after strong UoM report
The euro pared gains against the U.S. dollar on Friday, as a strong U.S. consumer sentiment report lent support to the greenback, while earlier euro zone inflation data continued to boost the single
Attitude Shifting Towards USD?
The FXCM US Dollar Index is looking vulnerable. Last week the index broke out from a clear triangle pattern on the daily charts to a record a new multi-year high. This advance was short-lived, howeve