Jim Cramer reminded investors that there are always two sides to every coin. Why China, oil and Greece are all good for the bulls.» Read More
Banks will face stiff penalties and intense public scrutiny if they fail to live up to the standards of a $25 billion mortgage settlement with state and federal authorities, according to court documents filed as part of the deal Monday in federal court in Washington. The NYT reports.
European shares are called to open higher Tuesday following the final approval for Greece’s 130 billion euros ($172 billion) bailout.
The Fed is expected to hold its firepower for now and will probably not say much new after it meets Tuesday.
The International Monetary Fund will be discussing a third bailout for Greece at its meeting later this week, former first deputy managing director John Lipsky told CNBC Monday.
Axel Merk, Merk Investments president and CIO, discusses how to play the euro just as the ECB provides unlimited cash to the region's financial system.
"We are living in a financial repression right now," says Mohamed El-Erian, PIMCO CEO & co-CIO, sharing insight on the Greek default, the euro zone crisis, and the outlook for the markets and economy.
The yuan slips and Myanmar gets ready to float - it's time for your FX Fix.
CNBC's Steve Liesman reports the latest detail on the U.S. economic outlook from the Commonfund Forum in Orlando, Florida, with John Lipsky, IMF frm first deputy managing director, discussing the financial details of the Greek bailout deal, saying, "Greece must implement competitive and structural reforms."
The triggering of insurance payments on Greek sovereign debt should be a "non-issue" for the markets, as they will happen in an orderly fashion, a representative of the International Swaps and Derivatives Association (ISDA) told CNBC on Monday.
Greece has been tossed on the turbulent sea of global markets for almost two years now – but the bond swap deal secured on Friday should reassure markets about the country’s future, Greek Finance Minister and possible future prime minister Evangelos Venizelos told CNBC.
European stocks were seen opening lower on Monday, as holders of credit default swaps on Greek debt look set to get billions of euros in compensation following the restructuring of the country's bonds.
The Federal Reserve meets in the coming week against the backdrop of an improving employment picture, making further monetary easing less likely for now.
With Greece out of the woods for now, this strategist is eyeing a bullish currency trade.
Portugal is likely to be the next to restructure its debt and exit the euro zone, economist Nouriel Roubini predicted on CNBC Friday.
Greece becomes the first developed nation to default in 60 years. What the Greek debt deal means for the euro. And the dollar rallies on better-than-expected jobs numbers, with CNBC's Melissa Lee and the Money in Motion traders. Also, will Portugal or Spain be next? And is Europe's debt crisis nearing an end or just beginning?
Next week offers a data-heavy week and some key meetings, with Rod Smyth, Riverfront Investment Group, and John Browne, Euro Pacific Capital. "Greece is not over with," says Smyth.
The Greek debt deal is injecting optimism into the currency market. Here's how to trade the good mood.
A group representing dealers in credit default swaps ruled that Friday's Greek bond swap constitutes a "credit event" that entitles holders of Greek CDS to compensation.
Greece is officially defaulting as expected and the ISDA announced that Greece's restructuring has triggered a "credit event." Robert Pickel, ISDA CEO, explains.
CNBC's Steve Liesman, Kelly Evans, Bob Pisani & Maria Bartiromo discuss the ISDA announcement that Friday's Greek bond swap constitutes a "credit event."