Like the third sequel to a summer horror movie, stocks are set up for another selloff amid worries about a double-dip recession. "I’m starting to fear summer," one economist said.
May's jobs report is a devastating number for the American economy, and a catastrophic number for Obama’s re-election hopes. All momentum on jobs and the economy has evaporated.
Wondering which European currency is safe at this point? Choose carefully.
A confidence-crushing May jobs report has turned market talk back to more Fed easing. But how much more can the central bank do with Treasury yields at record lows?
Spain is now competing with Greece to be the euro zone country with most sway over the markets. How can you play this situation – other than taking all your cash out of the bank and hiding it under the mattress?
German bond prices could fall as much as 35 percent when the crisis in the euro zone comes to a head and their safe haven status becomes less attractive, Carl Weinberg, Chief Economist at High Frequency Economics said on Friday.
The European Central Bank has the ability to do more to tackle to the euro zone’s debt crisis than it has been doing, Nobel Laureate and Professor at Columbia University Joseph Stiglitz told CNBC’s “Worldwide Exchange” Friday.
Simon Derrick, head of the Bank of New York Mellon's currency strategy team, has put together some "scary numbers" about the euro zone crisis.
Madrid was dealt a double blow on Thursday after it emerged that almost €100bn in capital had left the country in the first three months of the year and the head of the European Central Bank lambasted its handling of Bankia, the troubled Spanish lender.
Markets will face more difficulty as the protracted euro zone debt crisis limps along before things begin to get better and capital preservation dominates investors’ minds, one market expert told CNBC Thursday.
The European Union needs a unified system of banking and a more centralized taxation policy, Nick Economides, professor of economics at New York University's Stern School of Business, told CNBC.
Two of the world’s biggest trade credit insurers have stopped providing cover for exporters to Greece in highly unusual moves reflecting their concern the country might leave the euro zone, the FT reports.
Weak gold prices, softening oil prices and a lackluster stock market while the euro zone crisis could increase demand for U.S. dollars — but is deflation the next stop?
Last week, I recommended just dumping the euro, and it worked well. It's still a good plan.
Spain pains the euro, falling oil prices sink the loonie and retail sales send the Aussie south - it's time for your FX Fix.
CNBC's Kelly Evans reports all the market moving activity from Europe, including Spain's five-year credit default swaps reaching an all-time high, as Germany's 10-year bund yields hit record lows.
Russia’s typical out-of-step response to global events – the latest its refusal to condemn the Assad regime in Syria – show its increasing insignificance on the world stage, Nouriel Roubini, chairman of Roubini Global Economics and Ian Bremmer, president of Eurasia Group, argue in an op-ed in the Financial Times
Zoe Konstantopoulou, a member of parliament for the left-wing, anti-bailout Greek party Syriza told CNBC that Greece’s bailout deal was a “death sentence for Greek society.”
A Spanish plan to recapitalise Bankia, the troubled lender, by indirectly tapping the European Central Bank for cash, was bluntly rejected as unacceptable by the ECB, European officials said, the Financial Times reports.
As the euro zone economy teeters and the dollar gains on other currencies, the Federal Reserve won’t likely provide a third round of quantitative easing, former Federal Reserve Governor Randy Kroszner said Tuesday.