An intensification of Spain's recession poses the biggest risk to the country's 'investment grade' credit rating the head of Fitch's sovereign ratings team said on Thursday.
Is the latest bond buying plan the right direction to get the euro zone's economy back on track? Gemma Godfrey, Brooks Macdonald Asset Management, and Michael Gurka, Spectrum Asset Management, weigh in.
Spain sold four billion euros ($5.1 billion) of shorter-dated government bonds on Thursday, paying slightly more to borrow over three years than a month ago but drawing strong interest from investors.
Better late than never. After a string of delays, and having overcome a constitutional obstacle in Germany, the euro zone’s new rescue fund, the European Stability Mechanism, looks set to be finally inaugurated on Monday, the Financial Times reports.
Roger Bootle, Director at Capital Economics thinks Asia will suffer from the effects of the euro zone recession. He adds that the U.S. economic recovery, which should continue, is unlikely to offset the euro's effects.
Both the Bank of England and the European Central Bank are meeting tomorrow. Here's your trading plan.
By 2100, some 10 million people will inhabit the earth, according to the United Nations. When that happens will we encounter an “unprecedented planetary emergency” or can engineering, technology and the human spirit rise to the challenges posed by 10 billion people on earth?
Once upon a time, the foreign exchange (FX) markets enjoyed a clear framework for trading and were seen as a reflection of the health of global economies. But as central bank programs of quantitative easing have been introduced, currency market trades are not so clear cut, according to analysts at HSBC.
CNBC's Karen Tso reports on all the market moving events from Europe, including a look at the major European indexes.
The European Union's banking watchdog will stick to a target for banks to raise more capital to help shield them from the euro zone debt crisis when it publishes a new report on Wednesday.
A European Central Bank rate cut won't come right away, but this strategist thinks it's in the bag for late 2012.
CNBC's Ross Westgate reports on all the market moving events from Europe, including euro zone data showing a rise in factory price inflation.
Having a national debt of just 6 percent of gross domestic product (GDP), a budget surplus and economic growth of nearly eight percent in 2011 may sound like an unrealistic economic situation for a euro zone member state these days, but it is Estonia’s economic reality.
Callum Henderson, Global Head of FX Research at Standard Chartered says that while the ECB may not cut rates at its meeting on Thursday, it could do so by the end of the fourth quarter as euro zone problems linger.
Thierry Apoteker, CEO, Founder and Chief Economist, TAC Financial discusses his company's methods for assessing risk. He adds that the models he's using are showing that the euro zone remains a high-risk region.
CNBC's Bob Pisani chats with Art Cashin, UBS, about Fed chief Bernanke's comments today.
CNBC's Simon Hobbs reports EU stocks moved higher on Monday as concerns over Spanish banks eased, and CNBC's Mary Thompson has the details on American Expressed ordered to refund $85 million to consumers. Also, Gary Kaminsky, weighs in on the cause and effects of quantitative easing.
As Portugal, Greece and Spain dominate the headlines with public protests, banking woes and bailouts, Ireland – one of the euro zone’s original crisis economies - is set to return to growth in 2013, according to Danske Research.
CNBC's Ross Westgate reports on all the market moving events from Europe, including whether Moody's will downgrade the country's credit rating to junk status.
Moorad Choudhry, Treasurer, Head of Treasury, Corporate Banking Division, Royal Bank of Scotland says that in the short term, his worry is more about whether Madrid can take control of its debt situation, rather than whether a province will secede.