Analysts say they would not be surprised to see stocks take aim at January's lows in the week ahead.» Read More
Tuesday, I explained that the most sensible plan to limit contagion from the Greek meltdown would be for the European Central Bank to set interest-rate targets for the sovereign debt of other distressed nations in the euro zone.
The European Central Bank says it loaned $500 million to a single bank for seven days, raising further fears that a major financial institution could be in trouble.
The chances of Italy defaulting on its debt repayments are actually smaller than the market is pricing in, according to analysts at Credit Suisse.
The European banking system is the biggest threat to global equities, according to a survey of investors by Barclays Capital.
Germany sold 4.188 billion euros of 10-year government bonds on Wednesday in an auction that attracted greater demand than at a previous sale and sent borrowing costs to a record low in the category.
Members of the euro zone are suffering from a severe bout of buyers’ remorse. Many would like to disassemble the kit they bought almost 20 years ago and put together in the late 1990s and 2000s. The FT reports.
Markets are expecting the Fed to unveil a modern day "Operation Twist," similar to a Federal Reserve program in the early 1960s. Fed watchers speculate on various degrees of easing, but they basically agree the Fed is about to unveil a program to buy longer dated Treasury securities in a bid to hold down interest rates.
The IMF has thus far played a supporting role to the European Union in tackling the sovereign debt crisis; some analysts say that needs to change—starting this week.
Europe has enough capital to solve its own deficit situation. However, the problem is the debt is not spread evenly, says Neel Kashkari, PIMCO head of global equities, who also offer his thoughts on how to avert a banking catastrophe in Europe.
Italy gets a downgrade and riskier currencies get a haircut - it's time for your FX Fix.
Raghavan Seetharaman, CEO, Doha Bank, wears a tuxedo to work every day and is on Squawk to discuss concerns over the Greek crisis. He says the larger interests in the EU have to come together politically and deal with the problem. He adds there's real opportunity in the emerging markets.
With its creditors demanding ever more draconian cuts in spending and growth a distant memory Nouriel Roubini is calling on Greece to default and exit the euro.
Greece's finance minister concluded an emergency teleconference with creditors Monday, hours after pledging to speed up reforms and civil-service staff cuts. The talks will resume Tuesday evening, the European Commission said.
The endgame for Europe's debt crisis will not be the destruction of the euro.
The euro crisis is now at a dangerous turn. While it is difficult to forecast the future of the zone, it is possible to list the conditions that are required for the sustained solvency of Greece and the euro zone overall.
The euro slips, the dollar lifts, and Nouriel Roubini says time's up for Greece - it's time for your FX Fix.
Global markets again find themselves in the uncomfortable back seat of a car driven erratically by policymakers. The hope is that policy responses in both America and Europe will enable them to build on last week's solid gains and, thereby, improve the outlook for jobs and economic growth.
The Fed in the week ahead is widely expected to pull the trigger on a new easing program, as the European debt crisis continues to boil.
Stock markets are due for a relief rally, says Arjuna Mahendran, Managing Director & Head Investment Strategy Asia at HSBC Private Bank, who expects a 10-15 percent rebound in global equities in October.
CNBC's David Faber reports UTX is in talks to acquire Goodrich for $110 to $125/share, with CNBC's Melissa Lee and the Money in Motion traders.