Markets could be in for macro overload in the week ahead with central bankers, Friday's jobs report and OPEC dominating the headlines.» Read More
Germany is showing more commitment to the resolution of the euro zone debt crisis, and is likely to expect even greater influence on the fiscal discipline of its neighbors in return, analysts told CNBC.
Following a dramatic end to the trading week that saw Italy pledge to speed up its austerity measures, the European Central Bank decided this weekend it had to act.
The crisis threatening to envelop Spain and Italy is moving faster than euro zone policy makers can keep up with, William Rhodes, senior advisor at Citigroup, told CNBC Monday.
“So what Europe needs to do is to make sure that there's an unequivocal financial backstop, so there is no doubt in anyone's mind that those countries across Europe have the ability and the will to meet their obligations," the US Treasury secretary told CNBC.
Recent days have highlighted what some critics say are policy mistakes by Jean-Claude Trichet, or at least the institution he leads, the European Central Bank, the New York Times reports.
Central banks have been busy in the currency markets. Here's how to profit when they wade in.
Discussing whether the ECB's plan to buy Italian bonds is too little too late, and whether the country is about to default, with Vincent Reinhart, American Enterprise Institute, and David Malpass, Encima Global.
Got whiplash? The euro is spiking on news of the European Central Bank's Italy support - for now.
After the Dow Jones fell by 500 points on Thursday, European indices also faced a sell-off at Friday's open.
Is it time to buy gold or flee to cash? With all of the hyperbole in the market on Friday following the 500 point fall in the Dow Jones Industrial average on Thursday, and heavy selling in Asia and Europe Friday, the answer might be bottled water, tinned food and shovels.
The big ratings agencies have been blamed for much during the credit crisis, but they hadn't been raided by any of the countries they've threatened with downgrades, until Wednesday.
Jean-Claude Trichet tried his best to provide reassurance to investors on Thursday.
Double dip may be back. It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again, the New York Times reports.
CNBC's Silvia Wadhwa has the latest details on Europe's growing debt problems.
The euro will collapse as a currency unless lawmakers, and especially Germany, can agree a common European tax regime and restructure some sovereign debt, a leading market analyst told CNBC.com after the European Central Bank intervened in the markets.
CNBC's Michelle Caruso-Cabrera has the story on ECB's Jean-Claude Trichet statement that the Eurozone's financial situation is better than the U.S. and Japan.
The European Central Bank is not worried about the health of the euro zone as a whole and it will stick to its role of fighting inflation, ECB president Jean-Claude Trichet told CNBC in an interview Thursday.
Japan acts to take the yen lower and Turkey resets everything — time for your central bank FX Fix.
The price of gold could almost double as central banks' reserves are depleted, according to the chairman of a gold industry association.
"The European Central Bank has limitless ability to create money. The question is whether that's going to be backed by the politicians who actually put it in place," Nick Parsons, head of strategy at National Australia Bank told CNBC. "The (ECB's) independence itself comes by virtue of the political will behind it," he added.