BERLIN— Germany's finance minister said Sunday that he trusts Greece's current government to fulfill the conditions for the bailout deal, but also made clear the country would not receive any further money if it didn't. At the same time, Schaeuble warned that if Greece did not fulfill the demands laid out by the eurozone finance ministers in a four-month...» Read More
European shares are expected to fall sharply when the market opens after a long Easter weekend as weaker jobs growth data from the U.S at the end of last week hurt investors’ confidence.
Cocoa prices have fallen about 30 percent in the past twelve months, but Keith Flury, Senior Commodity Analyst at Rabobank says they will continue to edge lower in the short-term.
The problems faced by Spain and the long-term effects of the European Central Bank’s mass liquidity injections are still weighing down stock and currency markets around the world.
European shares are called to open broadly higher Thursday despite a sell off in global markets Wednesday on the back of renewed concerns over the euro zone’s debt crisis, with Spain in the spotlight and markets already dented by little hope of further monetary stimulus stateside.
The euro is on a downward path against the dollar, though the pair are likely to remain in the same general range they have been trading in for the past two years, because the greenback is not necessarily a better currency.
Known for their strong work ethic and no-nonsense attitude, the Dutch were close to losing their patience with troubled Greece earlier this year. But with the AAA-rated country now also firmly among the euro zone’s budget sinners, it needs to get its books in order fast.
European stocks are called to open firmly lower Wednesday after the U.S Federal Reserve meeting minutes showed that more monetary easing was unlikely.
Some of the greatest and best-educated brains in the euro zone have pondered the question: how would you break up the euro zone?
The nomination of a senior member of the Muslim Brotherhood to run in Egypt's presidential race has further clouded an already complex political transition, making an immediate economic recovery less likely and heightening the risk of a currency crisis, according to analysts.
Experts say that without healthy economic growth, the euro zone's young will continue to be hit hard by unemployment – and the blow will likely leave them scarred.
European shares are called to open flat Tuesday after Asian shares rose overnight following solid economic data from the United States.
Despite a better first quarter than expected in the stock markets, opinion is still divided on the fate of the euro zone.
Concerns over Spain, high oil prices and the speed of an economic slowdown in China will lead to a shift in investor sentiment in the second quarter, prompting a pause in the rally that saw markets climb to multi-year highs in the first quarter of 2012, analysts said on Monday.
Italy will put pressure on European Union leaders to look more toward efforts to boost growth in the euro zone rather than at austerity measures designed to rein in debt, Italian Industry Minister Corrado Passera told CNBC.
European shares are called to open the start of the shorter trading week higher as strong manufacturing data from China eased concerns of a hard landing for the economy there.
Global IPO activity for the first quarter of 2012 fell to its lowest level since the second quarter of 2009, according to a new report from Ernst & Young.
Spain was the first test of the euro zone's determination to impose tight discipline in its new fiscal regime, and it has failed, Juergen Stark, a former executive member of the European Central Bank's board, told CNBC on Friday.
The euro needs to sink to parity with the US dollar in order to restore Europe’s peripheral economies to growth, Nouriel Roubini, the economist known as “Dr. Doom” for his bearish predictions, told CNBC Friday.
European shares are expected to open higher Friday, regaining ground lost after a big selloff on Thursday that was sparked by worries that Spain’s financial situation could flare into another Greece-style crisis.
European markets flashed a very clear warning signal today, which has left some investors to question if the ECB-inspired honeymoon is over.