SAO PAULO, April 29- Brazil's real surged to an eight-month high on Friday, prompting the country's central bank to step up intervention to derail the rally, while Colombia and Mexico's pesos also hit their strongest levels this year. Dovish signs from the U.S. Brazil's central bank, in its first intervention in a week, offered up to $2.5 billion in reverse currency... » Read More
A number of factors appear to be moving markets around, and there are at least two developments that are getting a lot of attention.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including how the sudden selloff in the U.S. has driven down European stocks and the likelihood QE will move forward.
A few new IPOs have priced well, yet others have been forced to discount from the initial price talk. Why?
The euro hit a 22-month low against the dollar on Thursday on the prospect of diverging monetary policy.
This week was supposed to be a major test of the IPO market after Alibaba. The results are in, and they are decidedly mixed.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the German IFO survey data comes in weaker than expected and indications of full blown QE from the ECB.
The yen rose after Japanese Prime Minister Shinzo Abe voiced concern about the economic impact of its fall to a six-year low.
Chinese manufacturing data was better than expected, but that's not helping equities.
The battered euro pulled away from a 14-month trough against the dollar, as the greenback eased after a 10-week streak of gains.
Stocks fall across the globe amid growth fears. Commodities and emerging markets are among the biggest losers.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Germany Merck's deal to buy Sigma-Aldrich, and why mining stocks across Europe are down.
A new wave of IPOs is building, and will answer the market's question of whether there's life after Alibaba's massive offering.
The dollar index racked up a 10th straight week of gains on Monday, its longest winning streak since its free float in 1973.
Investors go bonkers for Alibaba. The stock finally opened just before noon as buy and sell orders were getting matched.
The dollar rose against a basket of major currencies on Friday as investors bet U.S. interest rates would rise more quickly than expected.
While the yen's sharp drop has driven the Nikkei to near seven-year highs, the quick decline is also spurring concerns over the economy.
Valentin Marinov, director of FX strategy at Citi, says the pound can strengthen further after Scotland voted against becoming independent.
No, Alibaba doesn't actually cure cancer; however, you would think so as some traders say it's lifting stocks ahead of its IPO tomorrow.
There are several reasons I am optimistic that Alibaba—at whatever price—will open to the upside and stay there.
The dollar rose after data showed U.S. jobless claims fell more than expected, reinforcing the view that U.S. interest rates will rise sooner.