Pierre Moscovici, European commissioner for economic and financial affairs, says global leaders have a lot to do when it comes to the future of Europe, in light of Italy’s banking situation and Brexit. » Read More
This week will be a busy one for central bankers. Here's how to trade on their many meetings.
The euro zone debt crisis will not be a big deal for the markets within the next few months, Larry Kantor, managing director and head of research at Barclays Capital, told CNBC.
"I see a very clear distinction between Italy and Spain," Bob Parker, Senior Advisor, Credit Suisse, told CNBC. "Spain has still got ongoing structural issues with high unemployment at 23 percent, the ongoing restructuring the savings banks, the 'caixas' plus the unwinding or the bursting of the real estate bubble. Italy, very different, high savings rate, we never had a consumer credit bubble, we never had a real estate bubble, I think there is a high probability that despite the weaker economic data, that the overall budget position in Italy in 2014 could be close to balance," he added.
It's been a tough week for the euro, and this strategist has a plan to trade on the troubles.
With the euro down nearly two percent against the dollar, will the selling continue? Insight with Marc Chandler, Brown Brothers Harriman.
European markets finish the week with a mixed results. Bank stocks are among the best performers. Analysts say ECB liquidity injection has eased fears, but the ECB's Draghi warns not to expect further injection of funds into banks. Spain intends to base 2012 budget on higher deficit target than stated earlier. With Jim Bianco, Bianco Research and Diane Swonk, Mesirow Financial.
Japanese data disappoints and Brazil fights its currency's strength - it's time for your Friday FX Fix.
The threat of the euro zone imploding has faded in recent months, catching out investors who have bet on its collapse, a fund manager told CNBC Friday.
The euro has been consolidating recent gains, and this strategist sees a trading opportunity.
China's dollar reserves drop, and U.S. economic data awaits - it's time for your FX Fix.
The International Swaps and Derivatives Association, which represents leading delaers in credit default swaps, meets on Thursday to decide whether the Greek debt swap in which investors will be forced to accept write-downs on their holdings of Greek debt constitutes a "credit event" which entitles them to compensation.
The European Central Bank’s second mass liquidity injection into the European banking system should help the risk rally continue in the short-term, but has not erased long-term concerns about the euro zone, investors and economists told CNBC Thursday.
Greece's Parliament early Thursday approved new reforms to the country's struggling pension system, the latest move in a flurry of legislative action required to secure new international rescue loans that will stave off a Greek bankruptcy.
The beleaguered population of Ireland will take to the polls to vote on the new European Union treaty later this year – and could use the opportunity to register a protest vote against austerity.
Laurence Fink, BlackRock chairman & CEO, says there could be serious repercussions for investors not getting into the stock market: "The biggest risks for investors are not making decisions," he tells CNBC's Maria Bartiromo.
The second round of the European Central Bank’s mass release of loans at its record low interest rate into the European banking system was slightly higher than expectations, sending European markets higher on Wednesday.
The European Central Bank offering is a hit, and commodity-linked currencies get a lift - time for your FX Fix.
US-Israeli relations are expected to come under further pressure during a Washington visit by a high-level delegation from the Israeli government, to include Prime Minister Benjamin Netanyahu and Defense Minister Ehud Barak next Monday.
The results of the second round of Europe’s answer to quantitative easing, to be announced Wednesday, will be watched even more closely than the first round in December.