The uncertainty surrounding the stability of European nations in wider geopolitical concerns are the main challenges identified by business leaders in a report, which surveyed 1,000 professionals to determine the key factors affecting business sentiment.
A request for an extension to the repayment period on Greece’s bailout loan from the International Monetary Fund and the European Union could be a precursor to the full restructuring of the country’s debt, analysts say.
Talks to form a new government in Finland, due to start later this month, will add to tensions in the peripheral euro zone debt markets, Richard McGuire Senior Fixed Income Strategist at Rabobank said.
The problem facing euro zone policy makers as we head into what could be another eventful summer for the global markets is surprisingly simple, yet very unpalatable.
European stock market futures pointed to a mixed opening on Wednesday as earnings season got properly underway and Glencore was expected to publish the prospectus for its much anticipated joint flotation on the London and Hong Kong Stock Exchanges.
Oil prices are heading back towards the $80 - $100 a barrel sweet spot which will boost oil stocks and take pressure off the global economy, according to Jens Zimmermann, a senior equity analyst at ABN AMRO Private Banking in Zurich.
European shares were expected to fall on Tuesday after gaining for eight straight sessions, with a drop in commodity prices seen hurting mining and energy stocks.
European stock markets were indicated to open higher after news that Al Qaeda's leader Osama bin Laden was killed in Pakistan.
Germany ends work restrictions on some citizens from the new, former communist European Union members torn between fears of a wave of immigration and hopes for help in its booming construction sector.
The Dow Jones has tended to stay rather flat on the seven previous occasions when there have been royal weddings, Chris Zwermann’s, global strategist at Zwermann Financial, told CNBC Friday.
European stocks were indicated to open mixed Friday in think volume, with London Stock Exchange closed for a bank holiday celebrating the Royal Wedding.
The headwinds facing the global economy, while significant, have yet to impact stock markets as investors have focused on rising profitability and the "risk-on" trade being underpinned by loose monetary policy.
When Europe’s political elite created the single currency in the 1990s the chances of an Italian running the newly-formed European Central Bank would have been seen as very low.
International shipping companies have resumed deliveries of cocoa from the world’s largest supplier but analysts say the commodity will remain volatile for the foreseeable future.
Financial bookmakers expect the leading European benchmark indexes to rally on Thursday, tracking gains on Wall Street after the Fed signaled it would not raise rates.
Should we congratulate or commiserate? .....That the Federal Resereve does it too now. That the Fed has decided to flank its policy decisions by regular press briefings from now on.
High production costs and supply constraints caused by the Japanese Earthquake could slow any nascent revival in UK manufacturing, according to the Confederation of British Industries.
As we await Ben Bernanke’s first ever press conference this afternoon, the debate over whether the Federal Open Market Committee (FOMC) should extend unconventional measures rages on.
European stocks were set for a mixed open Wednesday, with Germany’s Dax indicated to open higher, while London’s FTSE and the Paris Cac-40 were on course for a slightly lower open.
With Mario Draghi, Italy’s central bank chief, looking almost certain to become its next president, the European Central Bank is set for a significant change of style – but not necessarily in strategic direction, the FT reports.