GO
Loading...
 
 Highlight transcript below to create clip
Transcript:  Print  |  Email
    This term does not appear
Go
 Click text to jump within video

Global Markets Update: Euro Zone Entering Recessionary Territory?

Tue 10 Jan 12 | 11:28 AM ET
European shares close solidly higher as Wall Street rallies. European commodity stocks are boosted by Alcoa's outlook. The ECB meets Thursday: the Euro zone enters recessionary territory. Fitch says it doesn't foresee cutting France's AAA rating this year. Fitch also says countries under review, like Italy and Spain, could be cut one or two notches. Germany's Merkel and the IMF's LaGarde are slated to meet today in Berlin. Philips says European weakness will hurt its Q4 profits. The Bank of France says the economy stalled in the 4th quarter. Greece sells 6-month bills at a slightly lower yield. With Ashwani Kaul, Kaul Advisory Group.
 
RELATED ARTICLES AND CONTENT
More Videos
Latest Videos
Former KPMG partner sentenced to 14 months in prison
Thu 24 Apr 14 | 02:56 PM ET
Latest Videos
Starbucks earnings preview
Thu 24 Apr 14 | 02:52 PM ET
Latest Videos
Future of Windows in question
Thu 24 Apr 14 | 02:52 PM ET
Latest Videos
Analyst likes Amazon ahead of earnings
Thu 24 Apr 14 | 02:49 PM ET
Go
Displaying results for: Latest Video | US