WASHINGTON, July 25- The International Monetary Fund urged Ukraine's leaders on Friday to press forward with "steady implementation" of economic reforms agreed with the fund, a day after the prime minister tendered his resignation.» Read More
Global stocks were lower Thursday but oil and gold futures rose. Despite this, experts told CNBC a period of consolidation is coming for the two commodities.
Bank of England Governor Mervyn King set out the bank’s stimulus and interest rate exit strategy on Wednesday, in preparation of an economic turnaround and higher inflation.
The recent rally in the S&P 500 seems to have reached a peak for now and could fall back toward 880 points, but after that pullback the bull market will probably be back, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
The Federal Reserve should stop buying government debt and instead focus on kick-starting areas of the credit markets having to do with consumers, Steve Forbes, Forbes CEO, told CNBC Monday.
Despite Bank of America's shares closing over 8 percent higher on Thursday after KBW raised its rating on the stock, experts tell CNBC shares of big U.S. banks like BofA and Citigroup will tread water for some time yet.
Global stocks inched higher Friday as investors become more optimistic on the economic outlook after data showed gains in Chinese industrial output and a rise in U.S. retail sales. Experts tell CNBC a new bull market has begun and the best way to trade currencies is to sell volatility.
The automobile sector broke out of its downward trend this spring, according to Royce Tostrams, technical analyst at Tostrams Groep.
European credit spreads edged wider and gilts and bunds prices tumbled Thursday, after the US Treasury's 'sloppy' auction which reinforced investors' expectations that the Federal Reserve will have to raise rates sooner rather than later.
The recent surge in the price of oil looks set to continue and could push the cost of a barrel of crude toward $78 over the next few weeks, Chris Zwermann, global strategist at Zwermann Financial, told CNBC.
The price of a barrel of oil rose to a near eight-month high above $72 Thursday, giving investors and consumers alike a stark reminder of last summer’s unprecedented surge to more than $147.
The recent speculation that the Federal Reserve may be forced to raise rates sooner because of a faster-than-expected improvement in the economic outlook is baseless, and the dollar can only go down, Steven Nigg, CEO of SWISS E TRADE, told CNBC Wednesday.
The Obama administration's attempts to fight the financial crisis with more cash is like treating a bad tooth with Novocain instead of a root canal, Nassim Taleb, author of "The Black Swan," told CNBC Wednesday.
The US economy will beat China and other economies in shaking off the recession and returning to growth, Roger Nightingale, strategist from Pointon York, told CNBC Tuesday.
Russian President Dmitry Medvedev said Friday that an increase in state ownership was inevitable in some sectors of the economy hurt by the global downturn, but promised it would be short-lived.
The head of the European Central Bank refused to bullied into changing policy Thursday following comments by German Chancellor Angela Merkel regarding her concerns that the central bank's loose monetary policy could lead the global economy into another, bigger crisis over the next decade.
The Bank of England is not expected to move this week as its Monetary Policy Committee meets to decide on rates.
Dutch Finance Minister Wouter Bos hit back at critics of his plan for "banker driving licenses" Wednesday.
General Motors is set to follow Chrysler into bankruptcy as the global auto industry struggles with the economic downturn and looks to government intervention to turn around failing business models.
The stock market is enjoying a strong rally despite persistent weakness in the global economy. But investors should be looking to buy corporate credit, one expert told CNBC, even of companies that don’t have an investment-grade rating.
The sharp jump in 10-year Treasury yields rattled the stock market, but it doesn’t signal a wave of super-inflation, analysts told CNBC Thursday.
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