Kelvin Blacklock, CIO at Eastspring Investments says the markets that have moved up recently are those that have seen strong earnings growth. He says these defensive markets are looking expensive while the cyclicals appear cheap.
European shares are expected to open lower Thursday as concerns turn to Spain after the country’s bond yields rose sharply Wednesday, prompting fears that the debt crisis plaguing the euro zone could return.
We've turned the corner. When I say “we,” I of course mean the world. And once again the economy that will have the greatest influence on world recovery is that of the United States. The unsubtle sign of US recovery is jobs growth, which we referred to last week and which has exceeded expectations.
Global equity valuations are very attractive compared to government bonds stocks and are currently relatively cheap, Stuart Reeve, Portfolio Manager at Blackrock Equities told CNBC.
European stocks are seen opening slightly lower Tuesday after a Greek CDS auction showed investor sentiment remained negative on the country’s economic situation.
CNBC's Steve Liesman reports the probability of a European default in the next three years, according to the CNBC Fed Survey. Also, CNBC's Ross Westgate weighs in.
European stocks are seen heading up on Monday, tracking gains in Asia and buoyed by a market rally in the U.S. where stocks hit a four-year high last week.
During its 125th anniversary auction, Glenfiddich set a world record for the most expensive bottle of single malt whisky ever sold at auction; the 55-year-old Glenfiddich sold for $94,000.
European shares are seen opening flat to unchanged Friday behind Asian shares moving upward overnight, as new data suggests the US economy has turned a corner.
CNBC's Mandy Drury reports on the European market surge, pointing to key market-moving stocks. Meanwhile, John Taylor, of FX Concepts, explains why investors should short the euro.
The main European markets were expected to open slightly higher Thursday ahead of the expected approval of a 28 billion euro ($36.49 billion) loan for debt-plagued Greece by the International Monetary Fund.
European equities may turn out to be a better investment bet than U.S. stocks thanks to the current valuation gap, Richard Cookson, Global Chief Investment Officer at Citi Private Bank, told CNBC.
European shares are seen getting a lift Wednesday after the earlier-than-expected annual bank stress test results in the US saw most of the financial institutions pass, boosting Asian shares overnight.