LONDON, May 3- Always top of the data pile, this week will be no exception for the U.S. jobs report with a first interest rate rise likely this year despite a dramatic slowdown in the first quarter. "They will need better data to justify a rate hike, and that need is pushing the timing of a policy change ever-deeper into 2015," said Tim Duy, a professor at the University of...» Read More
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.
Recent economic data suggest the U.S. economy will power ahead of Europe in the first half of 2012, with consumers growing increasingly confident and boosting activity in the former while more reforms are needed in the latter to boost growth, the Organization for Economic Cooperation and Development (OECD) said in a report on Thursday.
European stocks are called to open lower Thursday as investors take a wait and see approach following concerns about the U.S and Chinese economies.
European policymakers have to remain prepared for the worst and cannot afford to be complacent, despite the additional liquidity provided to the banking system, former European Central Bank official Bini Smaghi told CNBC.
Equities remain a good investment despite a slower Chinese economy and ongoing concerns in Europe, John Haynes, Head of Research at Investec Wealth and Investment told CNBC.
Personal bankruptcies last year outnumbered company bankruptcies, accounting for 55 percent of all insolvencies in Portugal. It's the first time that has happened and is part of a gloomy catalog of record-breaking statistics.
European shares are seen heading lower Wednesday as investors take in weaker U.S economic data amid fears the fragile economic recovery at the world’s largest economy could be only temporary.
"I continue to see the world glass more half full than empty… on the account that the US is on the way back, as it has been for some time," Jim O'Neill, chairman at Goldman Sachs Asset Management, told CNBC on Tuesday.
The market will continue to watch every word from the Federal Reserve and other central banks closely as interest rates stay at historic lows, a leading economist told CNBC Tuesday.
European stocks are seen opening higher as overnight Asian shares were boosted following U.S Federal Reserve Chairman Ben Bernanke’s comments Monday that ultra loose monetary policy was still necessary for the U.S economy.
European stocks are seen opening higher Monday after losing some of their momentum last week on fears of a revival of the euro zone debt crisis and the impact of a slowing Chinese economy.
Among the euro zone periphery countries, Spain is creeping up again as the big, sick member of the area and a recent rise in Spanish bond yields is a sign that its illness is unlikely to be cured soon.
European stocks were called to open broadly flat Friday as weak China factory data combined with renewed concerns about the euro zone’s economy dampen investor sentiment.
Ireland dropped back into recession at the end of 2011, government statisticians reported Thursday in a worrying sign for the country's efforts to emerge from an international bailout.
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