European Stocks Rise on U.S. Budget Optimism
European stocks rose for the first time in four days as U.S. President Barack Obama changed his position on tax increases, leading to optimism that Democrats and Republicans will agree on a compromise budget. U.S. index futures and Asian shares also advanced.
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China's Banks in a Leverage War
20:56 - China's big banks could be in for a windfall when they report earnings this week, but their smaller counterparts could face a tougher battle. Bloomberg's Emma O'Brien reports on "Bloomberg Markets." (Source: Bloomberg)