LONDON, July 29- Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy. "While a number of individual banks have clearly fared badly, the overall finding of the European Banking Authority- that... » Read More
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.
Argentina holds no lessons for Greece in how to manage a sovereign default, Robert Shapiro, Co-chair of the American Taskforce on Argentina and Co-founder and Chairman of Sonecon, an economic advisory firm told CNBC.com.
Last year was one of the worst on record for hedge funds, but the industry appears to be shrugging off the bad times. According to Deutsche Bank's latest Alternative Investment Survey, hedge fund assets are expected to rise 12 percent to a record $2.26 trillion this year.
The scale of money printing in the West has become so massive that the world may fall prey to "monetary anarchy," with traces of bubbles appearing everywhere.
Long-term refinancing operations (LTROs) have been around for years in the euro zone – but the European Central Bank launched them in a new form to tackle the debt crisis.