Today EU finance ministers agreed to exchange info on cross-border tax rulings to better detect abusive tax practices of multinationals.» Read More
Loose monetary policy will not solve the euro zone’s structural imbalances and the ECB needs to focus on price stability to help rein in commodity-led inflation, according to incoming ECB Board Member Peter Praet.
As austerity measures kick in and the euro zone debt crisis begins to really bite voters where it hurts, in the pocket, extreme political parties are becoming mainstream, warns Dylan Grice, a strategist at Societe Generale in Paris.
Risk-on has been investors' favored approach to currencies for several weeks now. But one top strategist says the time for risky business is ending.
Rising commodity prices mean investors should stay clear of consumer discretionary stocks, according to Nomura strategist Ian Scott.
I know it has been a long and cherished tradition to blame the Germans for just about anything from the end of fox hunting to the trials and tribulations of the euro, but as popular as it may be, trust me, it is not always true, writes CNBC's Silvia Wadhwa reports.
Now that Portugal has capitulated and asked for financial assistance, traders are fixated on the potential for its problems to spread.
The plot thickens even more this weekend as European finance ministers meet to work out the terms of a rescue plan for Portugal. Brian Kelly, Kanundrum Capital, tells viewers why the Euro contagion was contained, with CNBC's Melissa Lee and the Money In Motion traders.
The currency markets have never been hotter as world headlines create opportunities everywhere. Also, what's the trade if the government shutdown is avoided, with CNBC's Melissa Lee and the Money In Motion traders.
A weekly look at currency trading and how to profit from it, with CNBC's Melissa Lee and the Money In Motion traders.
Justice approves Google's acquisition of ITA with certain conditions. And markets head lower in the face of a government shutdown and a spike in oil prices, with CNBC's Melissa Lee and the Fast Money traders.
In 10 months, the Dollar Index has lost 14% because the world keeps accumulating dollars it doesn’t want and sells them. Asian central banks are key.
Stress tests on European Union banks this year will use tougher criteria for measuring capital than last year, according to details released by the European Banking Authority Friday.
Marc Faber, editor and publisher of "The Gloom Boom & Doom Report," discusses the world economy and the amount of paper being printed by central banks. His preference, as a result, is gold. Faber adds that in the current environment, cash and bonds are dangerous. Everything is going up, he says. Only at the Federal Reserve is there no inflation.
Spain has avoided a costly run on its debt even as its closest neighbor, Portugal, has been forced to ask the European Union for help to help fund its debt burden. But one analyst remains skeptical the Spanish are out of the woods just yet.
What Mervyn King, governor of the Bank of England, called the Nice (“non-inflationary, consistently expansionary”) decade has vanished. In its place, we see what I would now call the Nasty (“nightmare of austere and stagflationary years”), the Financial Times reports.
European stocks were indicated to open higher on Friday as the euro nears a 15-month high against the dollar.
Just because the European Central Bank raised interest rates today to stave off inflation, don't expect the Fed to take a similar tack with U.S. rates, these strategists say.
The US government is careening towards a shutdown as Democrats and Republicans can't agree on a 2011 budget plan. I believe a shutdown will occur.
Portugal throws in the towel, the Bank of England holds steady, and the European Central Bank tightens its purse strings — it's time for your Eurocentric FX Fix.
Discussing whether the ECB is jumping the gun and the Fed is lagging, with Keith McCullough, CEO, Hedgeye Risk Management. For places like Portugal, Greece and Ireland, he says, things will end badly.