GDP data after slipping overnight, while Shanghai futures faced downward pressure. *Three-month copper stood at $6,608.75 a tonne at 0200 GMT, up $2.75 from the London close. *The most-traded January copper contract on the Shanghai Futures Exchange slipped 0.9 percent to 47,250 yuan a tonne.» Read More
The European Central Bank loaned banks 131.9 billion euros ($161.4 billion) at its 3-month lending auction Wednesday, below expectations, sending the euro higher against major currencies.
Investors should position their portfolios for a sharp rally in bond prices because stock and commodity markets are heading for a "cliff-edge," Andrew Roberts, head of European rates strategy at RBS, told CNBC Tuesday.
The credit team at RBS in London are getting very bearish and warning clients to "get ready for the cliff-edge," where prices of stocks and commodities will "collapse." RBS is advising investors to get into maximum long-duration bonds in safe-haven markets. "This means the US, UK and Germany in that order," according to RBS.
Carl Weinberg and the team over at High Frequency Economics did not like what they heard in Toronto over the weekend.
As reports resurface that Greece is considering selling leases to some of its islands to pay down debt, fears are growing that the euro zone member could restructure its debt over the summer months. But analysts disagree, saying this would be bad for German banks.
Jerome Kerviel was a pawn in a mind-boggling financial system that pushed him to take risks, lawyer Olivier Metzner argued on the last day of the trial of the former Societe Generale trader.
Banks in Portugal, Ireland, Greece and Spain account for over two-thirds of the euro area liquidity injections since the middle of 2008, according to new research from RBS Marketplace.
The euro is a very credible currency that has kept its value from its debut and has guaranteed price stability, he said. "A currency that guarantees such stable prices, it's of value in the eyes of domestic and international investors," Trichet said.
The question for the coalition government and the country is whether this moment of courage will go down in history as the moment Britain got back on track or the moment when it fell into a double-dip recession.
As the world’s 20 most powerful politicians prepare to jet out for talks in Toronto, the debate over whether to turn off the taps on stimulus spending continues to rage.
Even though a double dip is unlikely, it might feel like one because the market will stay volatile, Matt McCormick, portfolio manager for Bahl & Gaynor Investment Counsel, told CNBC Tuesday.
The euro's recent recovery versus the dollar will only be short-lived and investors should expect the single European currency to take another leg lower, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC Tuesday.
Tighter regulation and fewer alternative trading venues make it less likely that a "flash crash" would be repeated in Europe, stock exchange officials and traders told CNBC.com. But other market experts expressed concerns that Europe is just as exposed to such events.
The rebound of Europe's single currency may be jeopardized by reports over the weekend that France and Germany are mulling a two-tier euro zone, ING Bank analysts said Monday.
Even with the best global economic conditions, a balanced equity portfolio that excludes banks is unlikely to yield much more than 6 percent in annualized gains, according to some market experts.
Last year's stock-market rally won't be repeated for the foreseeable future and likely not for decades, Sean Corrigan, chief investment strategist at Diapason Commodities Management, told CNBC Friday.
Governments have intervened too much in free markets since the crisis started, to the point that they are affecting the health of the world economy, Marc Faber, the author of "The Gloom, Boom & Doom Report" told CNBC Thursday.
As European governments promised they will take steps to reduce gaping budget deficits, famous investor Jim Rogers told CNBC he bought the single European currency, as he said he would.
The euro is barely intact, and rescuing the banks only worsened the financial crisis, Roger Nightingale, strategist at Pointon York, told CNBC on Tuesday.
The risk of a double-dip recession is growing, especially in the euro zone, where restructuring Greece's debt is inevitable, famous economist Nouriel Roubini told CNBC Tuesday.
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