TOKYO/ SYDNEY, July 23- The dollar held close to a six-week peak against a basket of currencies in Asian trade on Wednesday, as the euro edged down to touch a fresh 2014 low on the diverging interest rate outlook for the U.S. and euro zone.» Read More
The dollar will continue its decline at a “gentle rate,” the Nikkei 225 should be avoided, and the food sector is well-placed to join the mining industry and move the markets, Robin Griffiths from Cazenove Capital told CNBC Monday.
European heads of states appointed Baroness Catherine Ashton as the European Union's foreign-policy chief, the so-called first EU Foreign Minister, Thursday evening.
Stocks are being held hostage by the dollar and the S&P 500 is in a "struggling trend" that could push the index lower or lead to "horizontal" gains, Bill McLaren, independent trader, told CNBC.
The battle against global warming could be helped if the world slowed population growth by making free condoms and family planning advice more widely available, the U.N. Population Fund said Wednesday.
The gold rally is far from over and the price of the precious metal could hit $1,400 per troy ounce by the end of the year and keep rising from there, James Turk, chairman and founder of GoldMoney, told CNBC.
The economy is like a boxing match where the referee doesn't know the rules, Steen Jakobsen, group chief investment officer for Limus Capital Partners, said.
It’s a ‘delicious situation’ in the markets as the values of silver and stocks are both climbing after closing out of their shoulder-head-shoulder trend, Chris Zwermann, global strategist at Zwermann Financial, told CNBC Wednesday.
The dollar index appears to have bottomed out and will likely trade sideways in the short term, if not rise, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC Tuesday.
Governments and companies will soon find themselves battling over the small supply of private savings available, paving the way for another recession, Ron Napier, head of Napier Investment Advisors, told CNBC Monday.
The period of seasonal weakness is over, the correction was less than expected, and the underlying trend is ‘jolly strong’ heading into six months of growth, Robin Griffiths, strategist at Cazenove Capital, told CNBC Monday.
The crisis is not over as unemployment is likely to continue rising for the next 10 to 11 months, Dominique Strauss-Kahn, managing director of the IMF, told CNBC Thursday.
The Dow Jones Industrial Average looks set to stage a steady climb to 11,600 points, but it won't get there before Christmas, Daryl Guppy, CEO of Guppytraders.com, told CNBC Thursday.
The S&P 500 index must hit the October high to avoid a 10 percent correction, and if the market does correct, the VIX volatility index could fall below 20 percent, Chris Zwermann from Zwermann Financial told CNBC Wednesday.
If Asia's loose monetary policy is left unaddressed it will ultimately blow a bubble of "mind-boggling size" that could become uncontrollable without fiscal tightening, Frederic Neumann, economist at HSBC, told CNBC Tuesday.
British retail sales values rose last month at their fastest annual pace since April to notch up their best showing for a month of October in seven years, a survey showed on Tuesday.
The U.S. economy could face a double-dip recession next year, in the absence of stimulus measures and extended incentive programs, Kirby Daley, senior strategist at Newedge Group, said Monday.
The current market rally will stop in the next few days, a correction of at least 3 weeks will follow, but stocks will rebound and finish high in 2010, independent trader Bill McLaren said Friday.
The Bank of England's injection of 175 billion pounds ($289 billion) into the economy hasn't yet pulled Britain out of recession, and the central bank now faces a difficult decision on whether to raise the stakes.
The value of gold and silver are on the rise, but this spells trouble for the declining dollar index which could push as low as 66 points, according to Chris Zwermann, strategist from Zwermann Financial.
The economy and the stock market have very good potential to climb, as the strength of the recovery will surprise many, two market experts told CNBC Tuesday.
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