HONG KONG— Most Asian stock markets inched higher Friday after a record day on Wall Street powered by upbeat data that adds to evidence the world's biggest economy is gaining strength. KEEPING SCORE: Japan's benchmark Nikkei 225 couldn't sustain early gains, retreating 0.2 percent to 15,550.28 by early afternoon as the yen strengthened.» Read More
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.
The worsening state of Britain's balance sheet means the country should be stripped of its 'great' title, as the British public are "sleepwalking" into major spending cuts, Andy Brough, fund manager at Schroders, told CNBC.
UK shoppers still hear the same Christmas classic tunes, but the bright signs screaming “sale, sale, sale” aren’t what they had expected. The deals of Christmas-past are distant memories as inventory cutbacks are in full swing.
The asset-price rally is running out of momentum and will soon crack, which could lead to a 30 percent correction in oil and a 20 percent correction in stocks, Sean Corrigan, chief investment strategist at Diapason Commodities Management, told CNBC.com.
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.
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