The dollar index also hit its highest level since March. » Read More
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.
When Europe sneezes, other markets get a cold. Just watch the Australian dollar.
CNBC's Michelle Caruso-Cabrera reports on the meeting in Poland between Treasury Secretary Timothy Geithner and European finance ministers. Weighing in on what the summit means for global investors, with Louise Cooper, BGC Partners market analyst; CNBC's Steve Liesman and Simon Hobbs.
For most of the summer, markets seemed to pick a different European country as their focus of their angst almost every day.PIIGS is a not too favorable term used by bond analysts, academics, and the press, to refer to certain countries of Europe. So which countries make up the PIIGS? Why are they important to track? CNBC explains.
Euro leaders squabble and the Russian ruble is rocked - it's time for your Friday FX Fix.
A collapse of Europe's monetary union would likely lead to a breakup of the European Union as a whole, posing significant risks to the region and even raising the possibility of war in the long term, Poland’s Finance Minister told CNBC.
Joint euro bonds are needed to solve the euro zone debt crisis, Societe Generale’s head of research, Patrick Legland, told CNBC Thursday.
German Chancellor Angela Merkel and French President Nicolas Sarkozy have both said that Greece will not leave the euro, but the "unthinkable" is now being seriously considered at all levels.
A meeting of European finance officials to discuss the sovereign crisis, paired with the quadruple witching expiration of futures and options guarantees more stock market volatility Friday.
Friday's meeting of euro zone finance ministers in Poland is clearly an event risk for market bears. But already the big idea for solving Europe's debt problem is dead in the water.
Greece will remain in the Eurozone, says the IMF's managing director Christine Lagarde. CNBC's Maria Bartiromo spoke with the organization's managing director, who is not backing away from her comments that the Eurozone banks will need to raise capital.
Central banks are coordinating to open up funding for European banks, and the euro is up on the news. Whether it will last is another story.
CNBC's Simon Hobbs reports Europe's big idea for solving its debt problems still looks dead in the water. Also, sharing insight on how the global market can be improved, with Susan Byrne, Westwood Holdings chairman/CIO, and Chris Thornberg, Beacon Economics principal.
The U.S. markets are posting gains of better than one percent today. Where can investors find opportunities in this market rally? Joe Quinlan, US Trust managing director/chief market strategist, and Ben Pace, Deutsche Bank Private Wealth Management CIO weigh in.
Despite a long-term picture in Europe that appears to be as unsettled as ever, investors will take any bit of good news and run with it.
The arm-in-arm effort by central bankers to increase U.S. dollar liquidity in Europe is essentially a band-aid solution, and the euro is already backing off its gains.
IMF Managing Director Christine Lagarde made remarks at The Ronald Reagan Building in Washington ahead of the annual meetings of The World Bank and IMF. Lagarde said, "It is a dangerous phase of the crisis. But equally I think there is a way out and path to recovery."
Five of the world's largest central banks have announced a coordinated injection of dollars into banking systems, in response to growing concerns over liquidity problems in the euro zone. However, analysts say, they cannot solve the underlying solvency crisis.