WASHINGTON, Dec 22- Russia is starting to backslide on its commitments to become a fully-fledged member of the global economy and trading community, the United States' trade office said on Monday. Relations between the United States and Russia are at their lowest since the Cold War because of Russia's annexation of Crimea from Ukraine last March and its support...» Read More
Fears of contagion from the euro zone crisis were running high Friday but correlations between markets suggested investors were not as afraid of a systemic crisis as they were back in May and June.
The world is on the brink of another financial crisis if the economic theories shaping today’s financial and public policy are not killed off, John Quiggin, author of "Zombie Economics: How Dead Ideas Still Walk Among Us," told CNBC Friday.
Clearing house LCH Clearnet doubled its margin requirement for Irish government bonds Wednesday, reacting to fears over uncertainty regarding the country's debt issues, which pushed yields on Irish debt higher.
The US Federal Reserve’s announcement it would buy another $600 billion in US government bonds to boost the economy will help the dollar stabilize, and no further easing is necessary, but it might exacerbate tensions at the meeting of G20 ministers which started in South Korea on Thursday, Nomura analysts said.
The European Central Bank’s reluctance to consider further monetary easing exacerbates the problems the euro zone is currently facing, economist Nouriel Roubini told CNBC Thursday.
Gold is the "elephant in the room" that must be addressed by policymakers, as it's being used as an alternative monetary asset because of unease about the strength of developed economies, Robert Zoellick, president of the World Bank, told CNBC Wednesday.
The euro will see some downward pressure in the short term after peaking just below $1.4330, but expect to see another rally attempt before long, Roelof van den Akker, chartist at ING Wholesale Banking told CNBC on Tuesday.
The euro could be set to rally to its high of last year against the dollar of $1.52, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.
The euro's recent strength against the dollar is likely to continue and it could move back up to its January high against the greenback, Carol Harmer, chief market analyst for Mercury Forex and Charmer Charts, told CNBC Thursday.
Rising inflation in emerging markets, coupled with marked increases in commodity prices, could hurt developed economies, as companies struggle to keep input costs down while seeing precious investment dollars heading overseas, analysts told CNBC.
The times when developed economies grew at high rates are behind us and the next crisis will hit when people realize this, Satyajit Das, author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives told CNBC Tuesday.
Germany is pushing to let hopelessly indebted governments do exactly that — admit they can't pay and hit bond investors with the costs instead of taxpayers.
Sweden's central bank has raised its key interest rate by a quarter of a percentage point to 1 percent due to expectations that inflation will increase as economic activity picks up.
Credit Suisse changed its outlook on the stock market and now is overweight stocks, Giles Keating, head of research at Credit Suisse, told CNBC Monday.
The dollar's slump could get far worse if the dollar index takes out last year's low, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
The dollar may be set to rise as currency wars bring more controls on flows of capital and a rise in protectionism, David Bloom, currency strategist at HSBC, told CNBC.
The price of gold will continue its current rally and eventually hit $2,000 a troy once over the next six to nine months, Alpesh Patel, principal at Praefinium Partners, told CNBC Friday.
The government bond market rally is over and investors are switching their portfolios to the stock market, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.
The European Central Bank should worry less about the “phantom risk” of inflation and instead focus on the rising threat of deflation which could result from a currency war, economist Nouriel Roubini said in an article for Roubini Global Economics clients.
Now could be an opportune moment to buy into gold and reduce exposure to the dollar, but investors should watch for key levels first, Daryl Guppy, CEO of Guppy Traders, told CNBC Thursday.
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