BRUSSELS— The European Union forecasts that economic growth is likely to remain moderate in the 19 countries that share the euro in the near future in the face of a likely rise in the price of oil and the common currency. Although the eurozone economy in the first quarter regained the size it was before the 2008 financial crisis, EU Commissioner Pierre Moscovici... » Read More
The long term price of gold could come under pressure from a rallying dollar as the risk from the sovereign debt crisis subsides, Barclays Capital analysts said on Tuesday.
A new government is in place in Portugal, tasked with tackling the problems facing one of the sick men of Europe. Unfortunately, new faces in government do not in any way change the problems being faced by a country, according to one analyst.
Soft restructuring is only a temporary measure, and a German-led plan to convince private investors to voluntarily extend maturities on Greek debt will not prevent a default, analysts told CNBC.com.
Despite weak economic data a double dip recession is unlikely and investors should favor stocks over bonds, according to Chris Watling, the CEO of Longview Economics in London.
German banks, Spanish farmers, Greek debt - what should Germany finance next? Answer: None of the above. End of discourse, writes CNBC's Silvia Wadhwa.
As euro zone politicians scramble to bring Greek public finances back under control, the question of how much the European Central Bank will lose if they fail to avert a default has taken on greater importance, reported the FT.
The dollar is down again, the euro is twitching, and an election in Peru is casting a shadow — time for your Monday FX Fix.
The UK government will send a warning to unions Monday that it is prepared to change the law should it deem it necessary to avoid the threat of coordinated strikes.
Commodities will weaken in the short term as the Chinese economy starts to slow, but prices could once again move higher from this fall boosted by power constraints in China, Jim Lennon, head of commodities research at Macquarie Bank told CNBC on Monday.
Europe has not yet had its financial crisis while America is still recovering from its crisis in 2008 according to Jim McCaughan, the CEO of Principal Global Investors.
Having failed to secure a majority in Sunday’s election, the new conservative-led coalition will face a daunting task as it attempts to turn around its country’s ailing finances, according to Barclays Capital.
Whether we like it or not, whether we're the German or French tax payer who has to foot the bill or the Greek, Spanish or Irish citizen who feels the pain of austerity in his or her respective purse – there is no choice!
There is no need for a “plan B” for the economy even if conditions change, senior Conservatives insisted on Sunday as Ed Balls renewed his attack on the government’s “reckless” deficit reduction program, reported the FT.
The dollar has taken a beating over the last week. Here's how to trade it now.
Safe-haven currencies are on a roll. Yes, it's the economy, stupid — time for your FX Fix.
Portugal goes to the polls on Sunday looking to elect a government that will lead them through an austerity package mandated by the European Union and International Monetary fund; but whoever wins will need to defy the electorate and introduce unpopular policies.
Your best euro trade right now is all about your time frame, this strategist says.
The Fast Money traders weigh in on retail trades; and radical fiscal changes proposed in the eurozone send euro higher, with Dennis Gartman, The Gartman Letter.
If the market overreacts on the plus side to any news of a Greek debt deal, here's how to trade.
The Greek people's reaction to the implemented austerity measures should not be ignored, warned Alastair Newton, managing director and senior political analyst at Nomura.