Expect a risk rally over the next few days, but next week could be another story. Here's how to trade the shifting winds.
Euro zone finance ministers are likely to approve the next tranche of loans to Greece on Tuesday although the money is unlikely to be disbursed before December and a deal on debt reduction may need further talks.
As Greece redoubles its efforts to raise billions to cut its debt and stoke its economy, the move toward privatizing assets faces daunting hurdles, the New York Times reports.
As France loses its coveted AAA-rating, economists are questioning whether the tide is turning for a country that has enjoyed record low borrowing costs, and indeed whether the second largest economy in the euro zone is in jeopardy.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks drift lower after Moody's stripped France of its AAA-rating.
The journalist responsible for publishing the “Lagarde List” of Greeks who allegedly avoided tax via Swiss bank accounts accused the country’s politicians of lying about the disappearance of the list in an interview with CNBC.
Spain plans to offer residency permits to foreigners who buy houses priced at more than 160,000 euros ($203,845) as part of its efforts to revive a collapsed real estate market and divest itself of hundreds of thousands of unsold homes.
Ratings agency Moody's Investors Service stripped France of its prized triple-A credit rating on Tuesday, triggering worries the move could heighten the risk of a downgrade for other top-rated nations, including the United States and the single currency bloc’s largest economy Germany.
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.