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Futures gain after Bernanke comments

U.S. stock index futures were slightly higher on Tuesday after Federal Reserve Chairman Ben Bernanke said the U.S. economy appeared to have enough momentum to avoid a double-dip recession.

Stock futures rise after Bernanke comments

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Stock index futures were slightly higher on Tuesday, as investors digested comments from Federal Reserve Chairman Ben Bernanke on the strength of the U.S. recovery and the euro-zone debt crisis.

EUR/USD … damped ???

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Dear traders, is EURUSD „damped??? I do not believe. If I watch the EURUSD on weekly basis I am of the opinion that there is still some potential for going more southly.
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Euro, stocks edge up as risk selloff pauses

The euro bounced from a four-year low and Asian stocks edged up on Tuesday as traders paused a selloff of riskier assets ahead of Chinese economic data and a European Central Bank meeting later in the week.
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Manpower says global hiring prospects improve

Employers in most economies are more likely to add workers than three months ago, including those in the United States, but big gains are limited to booming emerging economies like Brazil, India and China, according to a quarterly survey by Manpower Inc .
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Oil moves towards $72 in Asia

Global oil prices rose marginally in Asian trade Tuesday mainly on euro recovery that boosted investor demand. Light sweet crude for July delivery was seen trading at $ 71.59 a barrel at 11.30 a.m Singapore time while Brent crude was at $72.18 a barrel at the same time in London.
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Goldman subpoenaed by financial crisis commission

Goldman Sachs Group's U.S. government ties suffered a fresh blow on Monday, as a commission probing the financial crisis subpoenaed the bank, claiming the firm had flooded the panel with 2.5 billion pages of records.
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OECD, Canada urge clear plans for cutting deficits

Countries with big deficits must offer clear plans on how they will balance their budgets to maintain investor confidence and avoid problems seen in Europe, top economic policymakers said on Monday.
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Burger King sees EPS hit due to currency

Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates, primarily related to the euro, to reduce earnings for the current quarter by 1 to 2 cents per share.
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Walgreen won't be provider in new CVS drug plans

Walgreen Co will not be a provider for any new or renewed drug plans handled by CVS Caremark Corp's pharmacy benefits manager, which it said bypasses Walgreen pharmacies in favor of its own.
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Burger King sees Q4 EPS hit due to currency

Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates to reduce earnings for the current quarter by 1 to 2 cents per share, and to have a neutral to slightly negative impact on full-year results.
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Countrywide settles FTC charges for $108 million

Countrywide Financial Corp, the mortgage lender that became synonymous with risky lending practices, has agreed to pay $108 million to settle government charges that two Countrywide mortgage servicing companies misled and overcharged consumers.
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Global air industry sees profit, warns on Europe

Global airlines banished two years of misery with an abrupt turnaround in industry forecasts as the world economy recovers, but laced their outlook with caution on carriers in debt-laden Europe.

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