China's exports unexpectedly tumbled in February, falling 18.1 percent from a year earlier and swinging the trade balance into deficit. The data underscored recent concerns about the outlook for China's economy, even though the Lunar New Year holidays were blamed for the slide.» Read More
With investors hoping President-Elect Barack Obama will come up with a plan to save the economy, experts warn there is no escaping economic cycles.
The S&P 500 will deliver investors a "pre-Christmas rally" that will send the index upwards toward 1,000 points, Chris Locke, MD of Oystertrade.com Management, told CNBC.
The yen is set to slip versus the dollar and euro throughout the week as the recent upswing in stock-market sentiment eases investors' fear, Max Knudsen, director of PIA - First.com, told CNBC.
Debasing the currency to help economic growth seems the best solution for now, some market experts believe.
The European economy will remain in recession for at least two years as companies slam the brakes on capital spending because of the financial crisis, Charles Cara, European equity strategist from Absolute Strategy Research, said.
Now that recession is a certitude, the market is fearing the next level: a depression. Market experts weigh in on what to expect.
European markets gained early Monday, with bank stocks rising as investors cheered the latest news on U.S. measures to prop up Citigroup. CNBC's experts weigh in on what the Citi bailout means:
Middle East countries can cope with the financial turmoil better than many other countries as they have the cash to survive and even invest, Sameer Al Ansari, CEO at Dubai International Capital, told CNBC Monday.
Global stocks took a breather from recent heavy declines Friday and one analyst told CNBC a turnaround could be due for the major indexes.
Stocks were down heavily Thursday, following Wall Street's overnight selloff. The Dow Jones Industrial Average closed at a 5-1/2-year low, below 8,000, as a U.S. bailout of the auto industry appeared unlikely, spurring further economy fears. CNBC's experts believe the blue-chip index will fall a lot further before year end.
Stocks spent another day in the red Wednesday as prospects of a deep global recession continued to rattle investors. CNBC's experts question why gold's price has declined while demand for the precious metal, and typically safe-haven stock, has increased.
The Dow Jones Industrial Average is set to sink to 6,400 within the next few weeks, Nicole Elliott, technical analyst at Mizuho Corporate Bank told CNBC.
The economic turmoil is continuing to batter stock prices globally, but 2009 could start to peak investors' interest with the extremely oversold levels, one analyst told CNBC Tuesday. Below is a round up of what analysts and investment professionals think about the markets.
The S&P 500 has retested its lows seen in October, but a further decline from here would signal the bear market has much further to run, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.
Commodities are one of the only viable investment opportunities left , while the dollar won't last as the world's currency, famed investor Jim Rogers said Friday.
Spanish gross domestic product (GDP) fell 0.2 percent in the third quarter, sending the euro zone's fourth-largest economy into contraction for the first time in 15 years, the National Statistics Institute reported on Friday.
Stocks will be the last asset class to recover from the financial turmoil and investors should aim for high-quality investments in the meantime, Pimco Co-CEO Mohamed El-Erian said Wednesday.
The group of euro-member countries fell into "a serious recession in September" and economic contraction will continue through next year, pushing interest rates sharply lower, Bank of America said in a research note Tuesday.
The Labor Department releases October's employment numbers at 8:30 am New York time Friday, with a big drop in nonfarm payrolls predicted.
President-Elect Barrack Obama should attend the upcoming summit of the G20 developing and industrialized countries in Brazil to show that the US has a truly international leader, Mohamed El-Erian, Co-CEO of Pimco, told CNBC Friday.