*Weidmann says Britain gets economic lift from EU membership. LONDON, July 23- The head of the Bundesbank appealed to Britain on Wednesday to stay in the European Union, saying membership of the bloc had given the country an economic lift and posed little threat to London.» Read More
Investors’ growing fascination with the gold price pushing above $1,000 per troy ounce is not backed up by the charts and investors should wait until it breaks above the real resistance level of $1,034 before piling in, Clive Lambert, director at FuturesTechs, told CNBC.
China will continue to grow as the crisis has forced it to shift from an export-led economy to one which bases its development on domestic consumption, Jim O'Neill, head of global economic research at Goldman Sachs, told CNBC Wednesday.
The dollar will continue to drift but it doesn't face the risk of a free-fall, while healthcare stocks will rebound once the dispute over healthcare reform is settled, Robert Doll, BlackRock vice-chairman, told CNBC Wednesday.
The rally in the S&P 500 is starting to lose momentum and the index could “attack the downside” toward 981 points in the coming weeks, Chris Locke, MD at Oystertrade.com Management, told CNBC.
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The S&P 500 is running out of steam and could slump to 870 points if a key support level is broken, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
Most Western stock indexes will suffer a 10-to-15 percent correction over the coming weeks and hit a low in the middle of October, but that will mark a buying opportunity for the rest of the year, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.
Investors are too pessimistic about the outlook for companies in Europe and they should reconsider because there is real value in the region, James Bevan, CIO of CCLA Investment Management, told CNBC.
The rush to buy gold and the rise in the bond market witnessed this week are not reassuring for investors, as they indicate fears of future troubles in the economy, Dennis Gartman, author of The Gartman Letter, told CNBC Friday.
America’s most credit-worthy borrowers are defaulting on their loans faster than those with poor financial records, according to a report in the Wall Street Journal.
The initial market moves in the wake of the US nonfarm payrolls data may be wrong and could turn out to be a costly mistake for investors wanting to jump straight in, Steven Mayne, head of research at Falcon Securities, told CNBC.
The US nonfarm payrolls number later on Friday will likely make or break the stock market's timid attempts at a rebound after declines in the first days of this month, but predictions for the volatile figure are as far apart as ever.
The Federal Reserve will have to raise interest rates as aggressively as it cut them when it becomes clear the economic recovery has taken hold, to avoid flaring up inflation, Charles Plosser, president of the Philadelphia Fed, told CNBC in an interview.
The price of oil is too high for fundamentals but a lower price would depend on a rally in the US dollar, Stephen Schork, editor of the Schork Report told CNBC Wednesday.
September has historically been a month when stocks rose only if they had fallen in the preceding months, but this does not mean this month should be the same, as conditions now are very different, two market analysts told CNBC Tuesday.
The S&P 500 should rise until September 5, but it faces a "scary" correction after that, Bill McLaren, independent trader, told CNBC Friday.
The recent rally in the stock market is a "real rally," as investors' confidence was battered by fears of a depression earlier this year and now it is coming back, James Paulsen, chief investment strategist at Wells Capital Management, told CNBC Thursday.
The price of oil is set to extend its recent slide and fall toward $66 a barrel, Clive Lambert, director at FuturesTechs, told CNBC.
Stock prices are still below levels seen in the wake of the collapse of Lehman Brothers and improving investor sentiment, along with the need to put cash to work, will push markets higher, Lothar Mentel, CIO of Octopus Investments, told CNBC.
Ex-wives are hot on the heels of the US government in going after thousands of Americans whose secret Swiss bank accounts could soon be open to scrutiny, according to a report from Time Magazine.
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