Europe: Economy


  • Bernanke's Reappointment = Weaker Dollar: Analysts Tuesday, 25 Aug 2009 | 7:00 AM ET

    A weaker dollar and government intervention in the markets are to be expected as President Barack Obama reappointed Ben Bernanke as Fed chairman, analysts said.

  • Poll: Does Bernanke Deserve Another Term? Tuesday, 25 Aug 2009 | 5:59 AM ET

    Ben Bernanke is set to be nominated for a second term as chairman of the Federal Reserve by President Barack Obama. But as Bernanke squares up for another four years at the helm of the central bank, CNBC asks if he is the right person for the job.

  • Tsunami of Home Foreclosures to Hit US: Economist Tuesday, 25 Aug 2009 | 5:39 AM ET

    A tsunami of home foreclosures is set to hit the US as banks are unable to keep bailing out tenants that can’t afford their rent and struggling home owners show their anger at the financial crisis by giving up on their mortgage, David Karsbøl, chief economist at Saxo Bank, told CNBC.

  • In Recession London Restaurants are Mushrooming Monday, 24 Aug 2009 | 11:12 AM ET

    Not only has the recession failed to take a bite out of London's restaurants, but a combination of a weaker pound, a temporary tax cut and a surprise boost in disposable income has pushed the closure rate for the capital’s eateries to its lowest since 2000, a survey showed.

  • Stocks Could Rally 15% by Year-End: Strategist Monday, 24 Aug 2009 | 5:41 AM ET

    The stock market is due for another sharp leg higher before the end of the year and the strength of the economic recovery will be equal to the deepness of the downturn, analysts told CNBC.

  • Bull Market Will Continue: Strategists Monday, 24 Aug 2009 | 5:16 AM ET

    Stock markets will probably continue to rise as the world recovery has just begun and many investors who have been on the sidelines will finally jump in, investment officers and strategists told CNBC Monday.

  • The stock market is set for another surge higher as the Federal Reserve’s rescue packages begin to pull the economy out of the crisis, Charles Lemonides, founder & chief investment officer at ValueWorks, told CNBC.

  • Forget About Trading Long-Term for Now: Charts Friday, 21 Aug 2009 | 6:40 AM ET

    The summer lull in stock trading volumes is bringing high levels of volatility and investors should stick to short-term trading strategies to counteract the whipsaw moves, Steven Mayne, head of research from Falcon Securities, told CNBC.  

  • French Work the Least in the World: Survey Thursday, 20 Aug 2009 | 11:32 AM ET

    The French spend the least amount of time at work, a new survey of 73 cities around the world by Swiss bank UBS shows, while the most hours are worked in Cairo and Seoul.

  • Shanghai Slump Fear is Overblown: Strategist Thursday, 20 Aug 2009 | 8:34 AM ET

    Fear over the recent slump in the Shanghai Composite Index is overblown and the volatility in the region is largely due to the low volumes that come in summer trading, Chris Tinker, equity strategist at ICAP, told CNBC.

  • Oil Could Tank to $20 if Inflation Fears Fade: Analyst  Wednesday, 19 Aug 2009 | 7:02 AM ET

    The price of oil could slump toward $20 as the fundamentals supporting it are still extremely weak and its currently only being held up by fear of inflation, Johannes Benigni, managing director at JBC Energy, told CNBC.

  • Charts: S&P Has Topped for the Year Wednesday, 19 Aug 2009 | 6:18 AM ET

    The S&P 500 has probably reached its peak for the whole year and could head back down toward 945 points over the coming months, Chris Locke, MD of Oystertrade.com Management, told CNBC.

  • Latvia Will Continue to Defend Currency: C. Banker Wednesday, 19 Aug 2009 | 5:01 AM ET

    Latvia will continue to intervene to defend its fixed-rate currency as it has sufficient foreign exchange reserves to do so, Bank of Latvia governor Ilmars Rimsevics told CNBC in an exclusive interview Wednesday.

  • Stock Markets Will End the Year Higher: Bob Doll Tuesday, 18 Aug 2009 | 7:42 AM ET

    Markets are likely to end the year higher and investors need some strong, blue-chip stocks in their portfolios, to counteract the volatility shown by cyclical shares, Bob Doll, global chief investment officer of equities at BlackRock, told CNBC Tuesday.

  • Charts: European Banks Could Sink 6% Tuesday, 18 Aug 2009 | 5:04 AM ET

    European banking stocks could sink another 5 or 6 percent in a sharp selloff that would unsettle the broader market, Geoff Wilkinson, head of investment research at Mint Equities, told CNBC.

  • Central Bankers to Blame for Crisis: Author Monday, 17 Aug 2009 | 7:25 AM ET

    Central bankers are to blame for the current financial crisis, according to Andrew Smithers, author of "Wall Street Revalued" and founder of Smithers & Company. He suggests they employ different policies so further crises will be prevented.

  • US Jobs Will See Growth in September: Economist  Monday, 17 Aug 2009 | 6:25 AM ET

    1st paragraph of story should go here

  • Euro Zone July Prices Fall by More than Forecast Friday, 14 Aug 2009 | 6:39 AM ET

    Prices in the 16 countries that use the euro fell on an annual basis for the second straight month in July and by more than previously anticipated, official figures showed Friday.

  • We Are in a Semi-Depression: Nightingale Friday, 14 Aug 2009 | 2:55 AM ET

    The surprise rise in German and French gross domestic product does not mean the world recession is over, and central banks are likely to make mistakes that would bring about a second recession, Roger Nightingale, strategist at Pointon York, told CNBC Friday.

  • Dollar Will Rise and Punish Assets: Marc Faber Thursday, 13 Aug 2009 | 1:47 AM ET

    A period of weak stock markets and strong dollar is likely to come after the strong rally in developed and emerging markets alike, Marc Faber, the author of "The Gloom, Doom and Boom Report," told CNBC.

Contact Europe: Economy


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