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European stocks look set to open lower on Monday as ongoing unrest in Libya sent U.S. and Brent crude to new 2-1/2 year highs.
Perhaps the greatest mystery in the world of finance and economics is why Fed Chairman Ben Bernanke refuses to acknowledge that paper money creation by central banks produced the “global savings glut.”
Investors should be cautious and not just "buy the market"; many companies perform better in changing and changed economic circumstances and therefore as the sugar rush initiated in the first quarter of 2009 fades, this is the discipline that investors should once more return to.
Decent U.S. employment numbers are failing to really lift the dollar, and Greece is talking tough about market upheaval. Is a Freaky Friday in the offing? Here's your daily FX fix.
European shares were set to rise on Friday after sharp gains on Wall Street and in Asian equities on growing optimism on a key U.S. jobs report.
Periphery euro zone countries are seriously ill and will have to default on their debt at some point, Satyajit Das, a risk consultant and author of "Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives" told CNBC Thursday.
European stock index futures pointed to a rebound on Thursday on optimism over the health of the U.S. economy following forecast-beating data, and as oil prices dropped.
European stock index futures pointed to a lower open on Wednesday, mirroring losses in U.S. and Asian shares as rising tensions in the Middle East and North Africa lift oil prices.
European stock index futures pointed to a higher open on Tuesday after bullish comments by Warren Buffett helped Wall Street gain overnight .
Ireland goes to the polls on Friday in a general election expected to sweep the ruling coalition from power – the first defeat for a eurozone government since the onset of the debt crisis.
Many economists think he should be the next person to run the European Central Bank. But among government leaders in Berlin and Paris, where many of Europe’s most important decisions are made, Mario Draghi, the governor of the Bank of Italy, generates a palpable lack of enthusiasm, reports the New York Times.
European shares were set to edge up on Friday, snapping five straight sessions of falls, after a retreat in crude prices.
European stocks were seen inching lower on Thursday, adding to this week's sell-off as mounting worries over unrest in Lybia sent U.S. crude oil futures above $100 a barrel.
Traders tell me stock markets are down in Europe today over fears about how its world class exporters could be hit by rising oil prices, specifically in emerging markets.
Following in the footsteps of Greece and Ireland, the Portuguese market looks set for a speculative attack, Silvio Peruzzo, European economist at RBS in London, told CNBC.
European shares are set to fall on Tuesday as concerns grow over the political unrest in Libya and Asian stock markets tumbled.
A new law devised to help Greece crack down on tax cheats is only one of the many efforts Greek authorities have made over the past year to change what has long been a way of life in this country — rampant tax evasion. But so far, to little avail. The New York Times reports.
Traders point to the fact that there is no sign that Europe’s credit markets are beginning to seize up as they did last spring, with banks worrying about each other’s counter-party risk. That’s evident from the fact that there is no spike in LIBOR, the interest rate at which banks borrow unsecured cash from each other on London's wholesale market.
As investors fret about a default of Greece’s $300 billion debt bill, consider this: at $10.2 trillion, the Japanese bond market is the largest government debt market on the planet. And Hedge fund manager Kyle Bass, who made his first fortune betting against subprime mortgages, is now wagering that this market will collapse—soon.