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Thursday, November 03, 2011

Thursday Night Futures: Jobs, jobs, jobs ... and Greece

by Calculated Risk on 11/03/2011 11:25:00 PM

The confidence vote in Greece is tomorrow ... and it seems the story keeps changing:

From the BBC: Greece PM Papandreou faces fresh call to resign

Greece's centre-right opposition has demanded Prime Minister George Papandreou resign, throwing into disarray plans for a unity government.

Opposition leader Antonis Samaras also called for snap elections before leading his MPs in a dramatic walkout of parliament.

Mr Papandreou's government faces a crucial confidence vote on Friday.
From the Athens News: Parties enter coalition talks
Prime Minister George Papandreou has proposed the formation of a coalition government by announcing that the planned referendum will no longer take place and that his party has entered into talks with New Democracy leader Antonis Samaras.
...
During an impassioned parliamentary speech, however, Samaras once again demanded general elections “within weeks” and said that the prime minister was mistaken if he believed he would co-govern with him.
The Asian markets are up tonight. The Nikkei is up 1.25%, the Hang Seng is up 3.0%.

From CNBC: Pre-Market Data and Bloomberg futures: the S&P 500 is down about 4 points, and Dow futures are down about 40 points.

On the employment report tomorrow: Employment Situation Preview: Another Weak Report