MOSCOW/ ANKARA, June 3- Russia's Gazprom plans to start building a pipeline to Turkey this month to get gas to Europe without going through Ukraine, company sources said, although it has no firm agreement with Ankara and faces opposition from the European Union. With the EU determined to reduce its energy dependence on Russia and Turkey seeking big discounts for...» Read More
Banking reform will likely overshadow the Fed in the coming week, as Congress edges closer to a new financial regulatory reform bill whose effect on the financial sector remains murky.
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.
The public outcry over national deficits has spurred international fiscal policy makers in some countries to impose austerity measures unnecessarily, Paul McCulley, managing director at Pimco, told CNBC Wednesday.
Some German millionaires and billionaires want to give up 10 percent of their income to help fix the budget mess in Europe. Would such a plan ever work in the United States?
Another solid close for European bourses today, with many markets closing at or near session highs.
The recovery will continue to be steady, but “sluggish and choppy” with a 1 ½ percent growth rate, and unemployment will remain high, at between 9 and 10 percent, for the next 18 months, Jan Hatzius, chief US economist of Goldman Sachs, told CNBC Tuesday.
The euro is barely intact, and rescuing the banks only worsened the financial crisis, Roger Nightingale, strategist at Pointon York, told CNBC on Tuesday.
Stocks will navigate choppy waters in the week ahead, but could sail a bit more smoothly—barring any nasty, new surprises from Europe.
Portugal raised about 1.5 billion euros yesterday and Spain 3.9 billion euros today in auctions that were surprisingly oversubscribed.
If so, that’s one thing that could push this market higher.
Contrarian traders are contemplating going long the Euro, which has been the market’s punching bag for the last month and one of the most successful shorts for hedged funds since housing.
Investors looking for clues about the markets cannot help but notice that gold is making another record high and that stocks are continuing to struggle.
The euro hit an all-time low versus the Swiss franc Tuesday, after hitting a 4-year low against the dollar the previous day. The single currency recovered in morning trade but fell back against the greenback in early afternoon, and analysts say it will remain volatile. Check out what the pros have to say.
The weakening euro could continue to strong-arm markets in the week ahead, as investors worry about contagion from Europe's sovereign debt crisis and the potential for a bigger setback in the U.S. economic recovery.
Here are six plays to protect you in these volatile times.
If the economy keeps growing at 3 percent the balance of 2010, demand for new capacity—improved rental housing, better located new homes, and commercial construction for retail and factory improvements—should accelerate in 2011.
Cramer has a six-point plan to help the bank withstand any contagion Europe has to offer.
Remember April 2009 when the G20 met in London? Gordon Brown was hosting world leaders and claiming he had saved the world while protests brought large parts of the UK capital to a halt.
Coordinated liquidity measures and quantitative easing may have to return and banks could take another hit to their balance sheet because of the sovereign debt problems in the euro zone, according to Ashok Shah, the CIO at London & Capital.
Whatever you’re thinking, just know that Wednesday’s move doesn’t qualify.