Analysts say oil market fundamentals are very bearish, and it would not be surprising to see crude take a temporary dive into the $30s per barrel in the next several months.» Read More
Forget Greece, which is an "insignificant" economy, it is China that's posing the biggest risk to the global economy, Marc Faber the editor and publisher of the Gloom, Boom and Doom report told CNBC on Friday.
CNBC's Kelly Evans reports European stocks are on track for their biggest weekly decline since November, as fear about Greece and Spain grow and Moody's downgrades 16 Spanish banks, including the euro zone's largest bank, Banco Santander.
The euro zone is facing its darkest hour but will emerge more competitive than in the past, the chief executive of the London Stock Exchange told CNBC on Friday, though he noted that smaller businesses are very important to Europe’s recovery.
With stocks in Asia dropping to near their 2012 lows and investors fleeing risk assets on growing worries about Europe’s debt crisis, several market watchers say it’s time for Europe’s Central Bank to step up bond purchases and ease monetary policy further.
"Greece has its back against the wall with nowhere to go. Austerity is too hard to be socially acceptable," Domenico Crapanzano, head of European rates sales and trading at Jefferies, told CNBC.
European shares were headed for another day of losses on Friday, ending a dismal week in which the euro zone debt crisis dragged equity markets to new 2012 lows.
If Greece goes: An exit is likely to shatter faith in the eurozone’s integrity for ever. The Financial Times reports.
As Facebook’s giant IPO comes to market, record low yields in the bond market are warning of more trouble ahead for financial markets.
National Bank of Greece, the oldest Greek commercial bank, saw its financial condition so damaged by the crisis that it was operating with negative shareholder equity at the end of 2011.
Based on past bouts of big market swings, the dollar could get a meaningful lift if volatility rises.
Vulture capitalism: After every crisis, we learn how crafty investors cashed in while the rest of us gnawed our cuticles. Here's how you can join the lucky ones.
A look at the market moving activities across Europe, including continued weakness in Greek banks and Spanish bonds, with CNBC's Simon Hobbs, Rick Santelli, Bob Pisani, and Steven Ricchiuto, Mizuho Securities chief U.S. economist.
The Greek tragedy weighs on the euro, but Japan's GDP lifts the yen - it's time for your FX Fix.
David Cameron, Britain’s prime minister, will on Thursday warn that the single European currency could unravel in a way that “carries huge risks for everyone” unless the eurozone’s 17 members move rapidly towards full fiscal and political union.
A growth compact to sit alongside the existing fiscal compact is a certainty for the euro zone as it battles the flames of discontent fanned by the harsh austerity measures implemented in struggling economies, one expert told CNBC Thursday.
For the past three weeks, U.S. interest rates have been falling, and it's because of fears that Greece, which is still trying to form a government, will totally default on its loans, the Christian Science Monitor reports.
European shares signaled a slight rebound on Thursday but the ongoing problems in Greece still weighed on sentiment as the country announced a second round of elections would be held on June 17 and European leaders talked of a Greek departure from the euro zone.
If we don’t learn lessons from 1930s parallels, there’s a very good chance that the outcomes of this decade might be grimmer than that one.
The European Central Bank has reacted to uncertainty over Greece’s future in the eurozone by excluding four of the country’s banks from its regular liquidity providing operations.
Markets get spooked by Greece, David Einhorn steals the show at the Ira Sohn Conference, JC Penny has its worst day ever, as IPO looms questions linger surrounding Facebook.