CNBC's Simon Hobbs reports on all the market moving events in Europe today, including» Read More
Weighing in on the global markets, with Larry Kantor, Barclays Capital head of research.
The plan to deal with the euro zone debt crisis and avoid restructuring before 2013 is failing, Willem H. Buiter, Chief Economist at Citi Investment Research and Analysis said on Tuesday.
Europe should help countries that are in trouble but these countries need to show that they are tackling their deficit problems themselves, like Britain has done, UK Chancellor of the Exchequer George Osborne told CNBC in an interview Tuesday.
Greece on Tuesday denied a Dow Jones report that it expects a new aid package of nearly 60 billion euros ($85.71 billion) to deal with its debt crisis.
As far as Europe’s real economy is concerned, the problems on the periphery are just that, peripheral, according to Credit Suisse’s Robert Barrie.
European stock market futures pointed to a slightly higher open after Wall Street closed Monday slightly up on the back of commodity related news and China posted its highest trade surplus in four months in April.
Last week spelt the end of the inflation story and this is a reason to be bullish. That is the view of UK-based Michael Browne, a fund manager at Martin Currie.
Discussing the best place to invest, with Richard Ross, Auerbach Grayson; Ned Riley, Riley Asset Management; Matthew Lloyd, Advisors Asset Management, and CNBC's Sylvia Wadhwa.
Standard & Poor's Ratings Services today said that it has lowered its long- and short-term sovereign credit ratings on the Hellenic Republic and S&P warned it may be cut further.
Speculation over the weekend that Greece could leave the euro zone was “utterly unrealistic" and would be a “catastrophe” for the country and for the wider European Union, Yiannos Papantoniou, former Greek finance minister and president of the Centre for Progressive Policy Studies told CNBC on Monday.
The boss of the French banking giant has told CNBC that the European banking sector could absorb a restructuring of Greek debt, whatever form it took.
Jean Claude Trichet says the European Central Bank wants to remain flexible. Let us hope his flock of hawks and doves means this, because the next few months are going to be a bumpy ride.
Following a very volatile week for commodities and a weekend of speculation on Greek restructuring, investors are questioning if the risk-off trade is now dominating.
European stocks pointed to a lower open on Monday as initial optimism faded off the back of US non farm payroll figures on Friday and concerns re-emerged about the European sovereign debt crisis.
In recent months the euro has ignored a wall of worry about the health of three of its members and moved higher against the dollar, but this is no longer the case according to Jens Nordvig, global head of G-10 currency strategy at Nomura.
Nouriel Roubini has ruled out anyone leaving the euro zone within the next one or two years but believes that could all change over the next five years, in comments to the Independed.
Talk of Greece wanting to leave the euro continues to cause nervousness in the markets. But one economist told CNBC why such an idea is “plainly ridiculous.”
On Friday, German magazine Der Spiegel dropped a bomb on the global financial markets with a story headline: "Greece considers exit from Euro Zone." Immediately, the Euro versus the US dollar fell 100 points as the markets assessed the damage that could be wrought by this action.
The fall in commodity prices is a good thing for the fight against inflation and from the point of view of the recovery, European Central Bank President Jean-Claude Trichet told CNBC in an interview Friday.
An improving labor market will offset the impact of higher oil prices and underpin stocks according to Kevin Gardiner, the head of global investment strategy at Barclays Wealth in London.