JACKSON HOLE, United States- Bank of England Deputy Governor Ben Broadbent, Bank of Japan Governor Haruhiko Kuroda and Central Bank of Brazil Governor Alexandre Antonio Tombini take part in a panel discussion on "Labor markets and monetary policy" at Kansas Fed's annual Jackson Hole symposium.» Read More
The U.S. economy isn't likely to recover until "well into 2010," Wilbur Ross, chairman and CEO of WL Ross & Co., said Monday.
The head of the White House council of economic advisors is "more optimistic" that the US economy is close to stabilization, the Financial Times reported Monday.
Standard and Poor’s may have put the UK on “negative outlook” over fears about the country’s ballooning debt, but this has yet to dissuade foreign investors from tapping into the £220 billion ($359 billion) in government bonds that Britain is set to issue this year.
The recent rally in the euro is a positive sign for the S&P 500, because it shows appetite for risk is still strong and the S&P could hit 1,000 this summer, Kevin Cook, market analyst at PEAK6 Investments, told CNBC Wednesday.
Hedge funds were not responsible for the current credit crisis, but could cause the next financial crisis if they are not under the right regulatory control, Lord Adair Turner, chairman of the Financial Services Authority, told CNBC.
Incoming auctions of government bonds and the recent retreat in the stock markets are crowding investors into bonds, and maybe this is a good choice for a while, David Keeble, head of fixed-income strategy at Calyon, told CNBC.
The stock market is heading for a downward correction in September or October more severe than any since the credit crisis took hold, Robin Griffiths, technical strategist from Cazenove Capital, told CNBC Monday.
The price of oil, which is rising too fast, and long-term interest rates that are beginning to creep up are likely to suppress a budding recovery, famous economist Nouriel Roubini, also dubbed "Dr. Doom," told CNBC Monday.
Global stock markets have enjoyed a strong performance over the past three months, but that could be over and stocks could be facing a 10-to-15 percent correction, one expert told CNBC. Famous economist Nouriel Roubini shared the bearish sentiment by saying there would be a “significant market correction.”
After months of light volumes and high volatility, experts tell CNBC risk aversion in the currency markets has moderated. They suggest buying policy-related stocks but staying clear of base metals.
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.
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