"When the dollar rallies, almost everything else goes down," says Art Cashin, UBS, discussing growing concerns of a global slowdown, as investors take flight to safety.
Discussing the gain in Treasury bonds as investors seek safe havens ahead of the EU summit, with John Brynjolfsson, Armored Wolf managing director.
As Angela Merkel packs her bags for yet another European summit, the question which has been plaguing her for the past year remains: how far will Germany go to prop up the euro zone?
Summit worries weigh on the euro and India's rupee can't get a break — it's time for your FX Fix.
Mark Grant, Southwest Securities, and Barry Knapp, Barclays, discuss what's moving the markets ahead of this week's European summit.
CNBC's Kelly Evans reports on all the market moving events from Europe, including Spain's formal request for European aid for its banks, and an update of EU leaders gathering in Brussels later this week for an anxiously awaited summit.
Just a few days before another “crucial” summit, hopes should again be tempered, even without the rather inconclusive Merkel, Monti, Hollande and Rajoy meeting on Friday. It's worth reminding ourselves what in market terms, “decisive action” might look like.
John Noonan, Senior FX Analyst at Thomson Reuters says that markets are short on the euro and that if there is no good news from the European Summit this week, the single currency looks vulnerable.
Uwe Parpart, Managing Director, Head of Research, Reorient Financial Markets says that the issuance of Euro Bonds is unlikely anytime soon.
Markets are bracing for the Supreme Court ruling on health care and it could give stocks a boost if it's overturned. But any pop is expected to be short-lived for one reason: Europe.
There is a larger measure of agreement on solving the euro zone debt crisis, as everybody understands the seriousness of the situation, the IMF's first deputy managing director tells CNBC at the Saint Petersburg International Economic Forum.
The "Closing Bell" team; CNBC.com's Jeff Cox; and Stephanie Link, TheStreet; offer insight on the markets and what economic data investors should keep in mind.
The IMF is clearly getting fed up with euro-zone policy makers as the continent’s “debt crisis” rages. But European officials cannot be blamed for feeling a tad fed up themselves with the IMF for hastening the crisis in the first place.
Oil fell to its lowest levels in a year and a half on Thursday, the outlook for oil remains weak and sanctions imposed on Iran are likely to make matters worse, Dan Yergin, co-founder and chairman of energy research consultancy Cambridge Energy Research Associates (IHS CERA) told CNBC.
Western policymakers are "making fools" of themselves in the eyes of people in emerging markets as no initiative to end the euro zone crisis has emerged in more than two years, an economist told CNBC at the St. Petersburg International Economic Forum (SPIEF).
Troubled Cyprus, the small island affected by its closeness to Greece, has approached Russia for a loan, but its preferred option would be borrowing from Europe, the island’s Finance Minister told CNBC Friday.
Hopes of launching the euro zone’s permanent rescue fund in the first days of July suffered a blow on Thursday when one of Germany’s opposition parties said it would ask the country’s highest court to suspend ratification while deciding whether it complied with the constitution, the Financial Times reports.
Sean Darby, Global Head of Equity, Jefferies says the recapitalization of Spanish banks is not over "by a long way".
John Coates, University of Cambridge research fellow, discusses the evolution of traders and investors over the last few years, and whether traders are becoming more fearful and less daring.
"It was like a set of bowling pins going over", say Art Cashin of UBS, discussing weak economic data hitting global markets. CNBC's Mary Thompson, weighs in.