CHENGDU, China, July 23- China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. That's an important step, "he said, noting that China in recent months had intervened in currency markets to keep the yuan from falling. He also said he saw a path for China to manage a soft landing for its economy. » Read More
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a bounce for Greek stocks.
European markets are having a moment, while retailers turned in mixed results on quarterly earnings on Wednesday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a big rally after ECB president Mario Draghi's dovish comments on quantitative easing.
The U.S. dollar weakened against the euro on Tuesday on a better than expected survey of German sentiment.
The IPO rush begins! There are 12 deals that are set to price this week. This is the rush to get deals done before Thanksgiving!
The yen recovered from seven-year lows against the dollar but remained under pressure after data showing Japan's economy slipping into recession.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the impact of Mario Draghi's statement where he said the ECB could buy government bonds.
Japan's economy unexpected fall into recession increases the likelihood of demands for further stimulus.
The Japanese yen left many currency experts wrong-footed on Monday with a seemingly unstoppable depreciation coming to an abrupt halt.
The mutual market access program of the Hong Kong and Shanghai Exchanges will allow greater access to Chinese stocks, reports CNBC's Eunice Yoon.
The Swiss National Bank faces the biggest test of its cap on the franc in two years.
The dollar rallied on Friday, helped by unexpectedly strong U.S. retail sales data and a slide in the yen to seven-year lows.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest German GDP data, as well as news Greece has escaped recession.
Nordstrom bucked the trend of lower sales in department stores, while Cosi joined other restaurants in pointing to high food costs for its earnings miss.
There are reports oil giant Halliburton will buy Baker Hughes. This is one side effect of lower oil prices.
Dollar moved towards a seven-year high against the yen, driven by speculation that the Japanese Prime Minister will call a snap election.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a dip in London home prices hitting the British pound.
Soc Gen's Albert Edwards believes the Japanese currency will sink to 145 yen against the dollar by April, forcing devaluations across Asia.
No question, the U.S. dollar is the trade du jour. Investors are betting on the buck for good reason. But there are risks.
Simon Derrick, chief currency strategist at BNY Mellon says now the market is starting to acknowledge that there may be a serious "postponing" the date of the sales tax hike in Japan, which could be as much as "12 months", due to the rumored snap election.