Stay updated with breaking news from Euro falling. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
U.s. stock futures are lower. euro falling against the dollar. the no vote puts greece s future further in doubt. it deepens the divide with greece and european creditors. europe wanted more reforms from greece in exchange for the bailout. i mean higher taxes and the government to pay people less. greeks voted they had enough of years of steep cuts. it is pushing an exit from the eurozone. greece needs more money for pensions and wages and reopen the banks that have been shut for a week. how will voters react? the senior officials meet ahead of a summit tomorrow. the possibility of an extension of the banks being closed. tighter restrictions on daily withdraws from atms. can you imagine not being able ....
Course when it come to the currency markets. you have the dollar strength and the euro weakness. and you have both happening at the same time. the dollar strengthening because most analysts would say the u.s. will raise interest rates. we see strong growth in the u.s. you see some decent inflation. very not surprising if people would move into dollars, especially when you think of it as a safe haven currency. a lot of people pouring in for that reason. so the dollar strength gets it going. euro weakness we won t see any interest rate rises in the euro zone. we re talking about deflation as richard just pointed out. the worries there, how do you stimulate the economies here. not slow it down by raising interest rates. what are the good things? people should not see this as a negative. the euro falling will help exports in the euro zone. countries like germany, italy, france that need to export more to hem their economies to grow. i think it is a very concentrated objection way to help e ....
The reality is the adp reports, government report we ll get tomorrow, don t always match up because of those seasonal adjustments that i mentioned. they just sometimes throw the reports off. the expectation for tomorrow is that 150,000 public and private jobs were added in december. there s also an expectation that the unemployment rate is going to tick higher but that s not necessarily bad news because if that happens, it is likely because people are actually gaining confidence, they re out in the work force again. they count as unemployed because they are counted in the labor pool. we ll see tomorrow and have all those numbers for you. how are the markets reacting today? stocks are well off their lows. you see the dow is down 36. so doing a little better than before. the upbeat sentiment from that jobs report also is kind of being trumped by new worries about europe. we re watching the value of the euro falling. there are more fears of france s debt being drown graded. greece is ....
power. it will allow the pentagon to slash hundreds of billions of dollars from the budget. rick santorum heads to new hampshire primary with a million dollar boost from iowa. source close to the campaign says that santorum raised more than $1 million after finishing second in the iowa caucuses. santorum, he is attending a faith, family and freedom town hall meeting in northfield, new hampshire. that is happening this hour. he s trying to position himself as the main conservative challenger to mitt romney. let s go to the white house. i understand the president is there at the podium to make the announcement. good morning, everybody. the united states of america is the greatest force for freedom and security that the world has ever known, and in no small measure that s because we ve built the best trained, led, equipped mill tear ray in history. as commander in chief, i m going to keep it that way. indeed, all of us on this stage, every single one of us, have a pr ....