STRASBOURG- ECB President Mario Draghi speaks at the Quarterly Hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Strasbourg, France. WASHINGTON- Federal Reserve Chair Janet Yellen testifies on the central bank's semiannual monetary policy before the Senate Banking Committee- 1400 GMT.» Read More
As New Year's approaches, money managers, strategists, sell-side analysts and economists turn their attention to what the next year holds.
The rally in gold prices is developing into a bubble and the precious metal faces "significant risks of a downward correction," Nouriel Roubini, chairman of RGE Monitor, said in a research note, the Financial Times reported Wednesday.
The S&P 500 is close to breaking out of its long-term falling trend and could be set to push higher toward 1,175 points, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
A low-carbon economy would cost a total of $10 trillion and most of that money would have to be found from private investors, but a delay in action would cost $500 billion a year, Nobuo Tanaka, executive director of the International Energy Agency, told CNBC Monday.
Abu Dhabi has essentially gained control of the cash flow of Dubai with its $10 billion bailout, Guy Monson, managing partner and chief investment officer at Sarasin & Partners said Monday.
The yield of 30-Year Treasurys could be about to reverse its 20-year decline if it goes through 5 percent, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.
The European Summit kicked off Friday with Greece's mounting debt and deficit problems at the head of the conference agenda.
Commodities are still a great place to invest, while some currencies also offer value and investors should stay away from US stocks and bonds, Jim Rogers, chairman of Jim Rogers Holding, told CNBC Thursday.
Famed investor Jim Rogers says adding more to U.S. debt to combat the economic crisis is like telling Tiger Woods the solution to his problems is getting another girlfriend.
The swathe of UK companies facing bankruptcy could jump to twenty times the current amount as banks and rising interest rates squeeze available capital, Jon Moutlon, founder of Better Capital, told CNBC.com.
Latvia's economy shed 19 percent of its value in the third quarter compared with a year earlier, the country's statistics agency said Wednesday, highlighting the woes in the European Union's worst economy.
The Federal Reserve's interest-rate tightening policy will rely on a lot of talk and selling some assets before any actual hike in rates, Dennis Gartman, founder of The Gartman Letter, told CNBC Thursday.
Stocks face a potential "melt down" because of the concerns raised by Dubai World's debt problems, but stocks could also "melt up" if the issue is resolved, Marshall Gittler, international chief strategist at Deutsche Bank Private Wealth Management, told CNBC.
The world may be focused on the debt crisis that has submerged the emirate of Dubai, but in Europe investors are also watching the situation unfolding in Greece and whether it could be the next shoe to drop.
Nassim Taleb, the author of "The Black Swan", said he would retire from public life if Federal Reserve Chairman Ben Bernanke gains a second term at the helm of the central bank.
1st paragraph of story should go here
The dollar is set to strengthen from its current base and could rebound toward 78.50 points if the trend higher is confirmed, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC Tuesday.
Russia's public image has been seriously tarnished over recent months, with accusations of corruption, human-rights abuses and fraud becoming commonplace.
The dollar's slide lower against the yen shows no sign of letting up and it could push toward 80 yen, which the pair would not have seen since 1995, Royce Tostrams, Technical Analyst at Tostrams Groep, told CNBC.
The U.S. will need to eventually enact national value added tax in order to raise revenue and decrease its deficit, Paul Donovan, MD & deputy head of global economics at UBS, said Thursday.
Get the best of CNBC in your inbox