*OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's four-year low. Oil prices are down more than 25 percent since June on concern about a saturated global oil market and a gloomy economic...» Read More
One month after Bundesbank president Axel Weber announced he was stepping down, saying goodbye to his chances of running the European Central Bank, many in the markets miss him already.
For weeks now, events in the Middle East have taken the spotlight off the euro zone and its fiscal problems. But on Monday, Moody’s weighed into the issue by downgrading Greek debt to B1, from Ba1, with outlook negative.
European Central Bank President Jean-Claude Trichet talks about rate rises to fight inflation, while Federal Reserve Chairman Ben Bernanke is still more worried about unemployment.
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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.
Both the euro area's public debt and public deficit are lower than those in the US, so the euro and European stocks could post a strong rise this year, Peter Westaway, chief Europe economist at Nomura, said.
A mountain of debt is growing but because it is off governments' balance sheets it has been so far ignored, Albert Edwards, global strategist at Societe Generale, said.
The European Central Bank should not raise interest rates in its next meeting because it risks widening the gap between struggling periphery economies and the stronger ones at the center of the euro zone, economist Nouriel Roubini told CNBC Friday.
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.
The Middle East crisis will lead to an 'energy shock' for the West, increasing stagflation, David Murrin, author of "Breaking the Code of History" and hedge fund manager, said.
European stock index futures pointed to a higher open on Tuesday after bullish comments by Warren Buffett helped Wall Street gain overnight .
Egypt’s stock market is braced for a possible sell-off of shares when trading resumes on Tuesday after being closed for more than a month because of the country's political crisis.
There is rarely a happy ending when the price of crude jumps sharply, Stephen King, the chief economist at HSBC in London, said.
European shares were set to edge up on Friday, snapping five straight sessions of falls, after a retreat in crude prices.
Rating agencies were hasty downgrading Bahrain without taking into consideration the long-term prospects and relying only on political factors, Rasheed Mohammed Al Maraj, Bahrain central bank governor, told CNBC Thursday.
Oil could hit $220 a barrel if "Libya and Algeria were to halt oil production together," analysts at Nomura investment bank predicted.
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.
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