SINGAPORE, Oct 23- Gold steadied above $1,240 an ounce on Thursday after dipping overnight on a stronger dollar, but caution prevailed ahead of a host of global economic data and on further outflows from bullion funds. *Spot gold was little changed at $1,241.60 an ounce by 0045 GMT, after losing 0.7 percent in the previous session. *Investors will be eyeing data from...» Read More
The enthusiasm for Germany's economic growth is overdone and the country's savings plan is "fatal," Noriel Roubini, economist and chairman of Roubini Global Economics told a Germany magazine.
The euro's recent gains against the dollar are set to continue for the meantime, but investors should be cautious as the greenback's declines could be about to change, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC Tuesday.
The high prices and low yields of long-dated government bonds would only be worthwhile if the economy was in depression and investors should get out of the assets now, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
The luxury sector is rebounding better-than-expected this year thanks in large part to wealthy Americans replenishing their wardrobes after a year of self-denial and nouveau riche Chinese indulging in a worldwide spending spree, according to a new study released Monday.
The policy of easy money has created the current bull market for bonds, but investors should tread carefully ahead of the Federal Open Market Committee's meeting next month, Christian Gattiker, global investment strategist and head of research at Julius Baer, told CNBC Friday.
The scale of the swings in the currency markets is "unprecedented," looking at how quickly the dollar has declined in the last month, Derek Halpenny, European Head of Global Currency Research Bank of Tokyo-Mitsubishi UFJ, told CNBC Thursday.
Riot police clashed with protesting workers barricading the ancient Acropolis on Thursday, using tear gas to clear the demonstrators from the entrance to Greece's most famous ancient site.
Expectations of a second round of asset-buying, or quantitative easing, implemented by the Federal Reserve are nothing but good news for the stock market, Simon Maughan, co-head of European equities at MF Global, told CNBC.
Investing in emerging markets has lost its appeal and investors should get behind the next growth area, Richard Bernstein, CEO of Richard Bernstein Advisors, told CNBC Tuesday.
A small rise in inflation may trigger a correction for the bond market, as too many investors have piled in, Roman Scott, managing director at Calamander Capital, told CNBC Monday.
The stock market is at risk of another flash crash because of the Federal Reserve's liquidity-boosting measures, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
The massive amount of liquidity being injected by governments around the world is boosting investment markets, but doing little to improve the economy, Guy Monson, managing partner & CIO of Sarasin & Partners, told CNBC Friday.
The euro is likely to continue its rise against the dollar in the long term, but investors should watch out for setbacks in the near term, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.
With Greece hitting its marks on the financial bailout earlier this year, it is now taking steps to streamline business and investment processes to promote growth, the country’s finance minister, George Papaconstantinou, told CNBC Thursday.
Economic growth in Georgia is on track to reach 4.5 percent next year and could double by 2012-2013 as tourism, the banking sector and exports advance and foreign direct investment grows, the country’s Prime Minister told CNBC in an exclusive interview on Thursday.
Another round of quantitative easing from central banks will not result in more lending from banks and won't help the underlying economic problems, Peter Toogood, head of investment at Old Broad Street Research, told CNBC Thursday.
The euro will keep rising and will likely end the year at up to $1.50, as the European Central Bank pursues a highly deflationary policy, despite buying euro-denominated bonds, economist Warren Mosler, founder and principal of broker/dealer AVM, told CNBC.com.
The US and Europe are right to continue to put pressure on China while ignoring measures to protect the currency taken by countries like Japan because its economic situation is not good, Bob Parker, senior advisor at Credit Suisse, told CNBC Wednesday.
The recent rally in gold is driven by fear of currency fluctuations and not just the fear of inflation, Louis Gargour, chief investment officer at LNG Capital, told CNBC.com Wednesday.
The Dow Jones Industrial Average is unlikely to move much higher than its current level as a long-term "diamond" pattern is signalling weakness ahead, Chris Zwermann, global strategist at Zwermann Financial, told CNBC Wednesday.
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