David Poh, Regional Head of Asset Allocation at Societe Generale Private Banking, says the Moody's downgrade of France's credit rating doesn't change much, but it does raises questions on whether the rest of Europe will be impacted.
Rich Ilczyszyn, CEO and founder of iiTrader, talks turkey about a seasonal gold trade that is on a winning streak.
During the past two years, the Eurozone focus has been on the ailing Southern European economies and their austerity fatigue. In the next two years, it will be on the last triple-A economies in Northern Europe and their bailout fatigue, including Finland.
This week is fixing to be an action packed one for the euro, and this strategist has a trading plan.
As countries with much larger economies try to contest slowing growth by pumping more cheap money into their financial systems, the Czech Republic is planning to avoid similar actions – and may put off its euro joining date as the single currency becomes less attractive.
Starting in the late 1990s, Spanish companies began a drive into Latin America that resulted in their takeover of some of the region’s most prized assets. Now, Prime Minister Mariano Rajoy of Spain wants the investment to flow in the other direction, the New York Times reports.
EU officials have begun work on a plan to create a long-term budget without the UK in a move that reflects mounting frustration that Britain’s demand for a spending freeze cannot be reconciled with the rest of the bloc. The FT reports.
David Forrester, Senior Vice President of G10 FX Strategy at Macquarie, suggests selling the euro against the dollar on rallies back towards the 1.30 level as Greek financing talks will likely have limited impact.
A prominent US bond investor has increased an already aggressive bet on Ireland’s recovery from the financial crisis, raising eyebrows among rival fund managers. The FT reports.
The fiscal cliff walk begins and the yen takes a breather — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, including
France’s economy will come through and “resist the crisis” despite worries about low growth and the need for labor market reform, its Finance Minister Pierre Moscovici told CNBC.
Peter Griffin, head of global risk assessment and sovereign fixed income at Global Interest Rates Limited, says a Greece debt deal is unlikely until September 2013.
France’s socialist government seized on better than expected economic growth figures to reject concern that France could become the next focus of the euro zone crisis, insisting it is acting to reform the flagging economy. The FT reports.
European bank debt, once an investment pariah, is suddenly popular. The NYT reports.
Spain's economy is sinking deeper into recession, experts agree that the country will miss its budget targets and a several ECB officials have said Spain urgently needs a bailout, yet the bond market is dancing to a completely different tune.
Oil prices have risen over the last 24 hours following Israel’s offensive against Palestinian militants in the Gaza Strip, while Israeli stocks and the shekel have weakened, but one analyst told CNBC that markets shouldn’t worry unless Iran becomes involved.
As Southern Europe looks to be getting its house in order in the wake of the currency bloc’s debt crisis, a new report suggests France’s weaknesses are now becoming even more apparent.
Japan could face aggressive new stimulus moves and the euro zone is back in recession — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as Germany confirms its economy has slowed further in the third quarter.