The policy of easy money has created the current bull market for bonds, but investors should tread carefully ahead of the Federal Open Market Committee's meeting next month, Christian Gattiker, global investment strategist and head of research at Julius Baer, told CNBC Friday.
Expectations of a second round of asset-buying, or quantitative easing, implemented by the Federal Reserve are nothing but good news for the stock market, Simon Maughan, co-head of European equities at MF Global, told CNBC.
Despite mounting public protests across the Continent, an austerity drive unparalleled in modern, united Europe is building, reports the New York Times.
The euro will keep rising and will likely end the year at up to $1.50, as the European Central Bank pursues a highly deflationary policy, despite buying euro-denominated bonds, economist Warren Mosler, founder and principal of broker/dealer AVM, told CNBC.com.
The State Department travel alert issued on Sunday in response to reports of a threat by Al Qaeda was anything but precise.
Talk of a "death spiral" for the euro isn't taking the political will of euro-zone members and any breakup is unlikely, despite the talk of economists such as Nobel Laureate Joseph Stiglitz, Sean Corrigan, chief investment strategist for Diapason Commodities Management, told CNBC Monday.
The move comes a month after the biotech rebuffed an approach from Sanofi-Aventis at the same price. Sanofi has been in discussions with Genzyme shareholders and stated repeatedly that it would go no higher.
Europe faces an important challenge in creating greater awareness of the importance of a stable currency, but to achieve that goal, its citizens will need to grow more attached to the euro, Otmar Issing, former European Central Bank chief economist, told CNBC.
Every week without fail Lucy Elkin, a comfortably middle-class mother of two small children, receives a £33.20 child benefit payment, or about $52, from the debt-plagued British government, reports the New York Times.
Investors expect Federal Reserve Chairman Ben Bernanke to print more money as the growth rate remains too low, and this is the reason behind the very strong rally in September, Philippe Gijsels, a strategist with BNP Paribas Fortis, told CNBC.com Friday.
If a global double dip happens, the downside on corporate junk is much more daunting than it is for sovereign debt.
The sovereign debt crisis, wrecking havoc on some periphery euro zone member states, could turn out to be a positive for many core European counties, Karen Olney, chief European equity strategist at UBS, told CNBC Wednesday.
New EU banking regulation must focus on institutions’ individual business models, rather than simply their size, Jacques de Larosière, co-president of think tank Eurofi told CNBC.
Genzyme’s chief executive could step down next summer and ease a takeover of the biotechnology business by Sanofi-Aventis of France. The FT reports.
The question whether the single European currency will survive the current crisis is "silly", Otmar Issing, president of the Center for Financial Studies and a former ECB board member told CNBC.
Demand may be strong for bonds issued by periphery euro-zone countries but those countries must restructure their debt at some point because yields are unsustainably high, two economists told CNBC Wednesday.
The ANSA news agency says Italian financial police have seized euro23 million ($30 million) from an account in the Vatican bank in an investigation into money laundering.
Ireland's four- and eight-year sovereign bond auctions saw strong demand, pushing the euro higher versus the dollar.
Investors are anxiously waiting for Ireland's auction of longer-term government bonds later Tuesday to see whether demand for periphery euro-zone debt is still going strong despite fears that gripped markets Friday.
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