European stock futures slighly changed amid U.S. budget concerns

Note: This section contains information in English only.
Source: Bloomberg
The Euro Stoxx 50 Index's futures, a benchmark for the Euro area markets, was less than 0.1% lower to 2,580 points in early London trading hours on Tuesday. Traders of European equities were concerned about the U.S. budget for a upcoming year and waited more concrete actions from American lawmakers regarding the fiscal cliff issue. Congress and the President of U.S. can not find an agreement on higher tax rate for well earning Americans.

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Tue, 04 Dec 2012 13:11:34 GMT

Record Brazil coffee harvest pushes commodity price lower

Coffee futures slipped about 50% since a 14-year peak at May 2011. Market price was pushed down by a surging Brazilian supply of Arabica coffee. In 2012 the harvest reached an all time high or 55.9 million 60-kilogram bags. According to analysts estimates Brazilian farmers will supply 50.8 million of bags in 2013 and push the price even lower -

Tue, 04 Dec 2012 12:49:33 GMT

Dow drops on rising pesimism about the U.S.economy

U.S. blue chips fell on Monday on growing concerns about U.S. entering economic recession as no agreement on the next year's budget has been made and the fiscal cliff threatens to injure the nation's economy.  House Republicans rejected President Obama's request for tax increases and suggested $1.4 trillion in spending cuts and $800 billion of revenue by limiting tax

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