Wall Street’s conviction concerning global economic recovery is wavering, as indicated by the U.S. index futures, which point to a slightly lower opening on Wednesday. Reports of an increase in bad debts held by Spanish banks should accentuate concerns about the fiscal situation of the country. Meanwhile, a 2-year bond auction by Germany went on [...]

Asian stock markets are trading mostly higher on Tuesday, benefiting from a pullback in the price of crude oil, as well as news that Germany’s lower house of parliament voted in favor of a second Greek bailout package.