Here comes the big month of August—and with it many of the remaining clues markets need to decide whether the Fed will actually raise rates in September.» Read More
Premium hotels are doing surprisingly well thanks to visitors from the US and BRIC nations. CNBC takes a look at fourteen of the grandest hotels in Europe.
Eurozone leaders were struggling on Tuesday to reach agreement on a much-anticipated deal to reverse their spiralling debt crisis amid mounting signals a definitive agreement would not be reached at a key summit on Wednesday night. The FT reports.
Strategist: Time For a Vacation From Europe
Though financial institutions are not yet turning away customers at the door, they are trying to discourage some depositors from parking cash with them. NYT reports
Now that it is clear that austerity is making the economy of Greece contract, worsening its debt problems, I think it is only a matter of time before Greeks repudiate the most enshrined view of serious people everywhere: that debt repudiation would be disastrous.
House prices across the UK will fall by 5 percent next year, according to estate agents Knight Frank, although prime central London property will remain immune to the downturn as it is buoyed by international buyers.
The Wednesday Watch is on in Europe, and investors are hopeful - time for your FX Fix.
As European leaders ready themselves for another summit on the euro zone crisis, one economist said that the critical situation in Greece should be dealt with by focusing on growth instead of debt.
The countries that will have the most success in weakening the real value of their currencies "are likely to flourish better or at least suffer less than others," author Andrew Smithers wrote.
Discussing the euro zone debt crisis, and possible solutions, with Andrew Busch, BMO Capital Markets, and Nicholas Burns, former U.S. ambassador to Greece.
The currency markets have been all about Europe all week long. Here's a way to trade the upcoming debt-crisis meetings.
How you can profit from this weekend's EU summit by using currencies, with CNBC's Scott Wapner and the Money in Motion traders. And making money off the yen, as the dollar falls to record levels against it.
Every snippet of Europe news is moving the markets ahead of the summits. Here's a euro trade for when the knee-jerk reactions subside.
The euro is a credible currency, and the euro zone as a whole has better economic fundamentals than the U.S. and Japan, Jean-Claude Trichet, the outgoing European Central Bank President, told TVN-CNBC in an interview Friday.
"We're in a situation, if you were scripting a disaster movie, you really couldn't build the tension better," one analyst told CNBC.
Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.
Insight on Europe debt solution's impact on currencies, oil and markets, with Joe Petrowski, Gulf Oil CEO; Peter Yastrow, Yastrow Origer, and Boris Schlossberg, GFT Forex.
The debt crisis afflicting the euro zone is a condition that can be delayed but ultimately cannot be resolved, David Murrin, chief investment officer at Emergent Asset Management told CNBC.
The European Central Bank tapped a foreign exchange swap facility with the Federal Reserve earlier this month, borrowing $500 million. In exchange, the ECB puts up collateral of Euros worth slightly more than $500 million. The ECB wants the dollars so it can lend them out to European banks, which have been having trouble borrowing dollars at affordable rates due to fears about their financial health.
Greek lawmakers have passed a deeply resented austerity bill that has led to violent protests on the streets of Athens, despite some dissent from one Socialist lawmaker.