How quickly could situation in Europe escalate? This market 'tell' may help you gauge if or when they near their tipping point.
Ireland faces an uphill struggle to survive the turmoil currently plaguing it, and the rest of Europe will need to stand by the country if it wants to avoid the debt crisis spreading further across the region, Mohamed El-Erian, CEO and co-CIO of Pimco wrote in a commentary piece for the Financial Times on Wednesday.
Japan will be forced to take austerity measures similar to those embarked upon in many European countries, but Prime Minister Naoto Kan’s five-month-old government has so far failed to take decisive action to get Japan’s economy back on track, Tobias Harris, author of "Observing Japan" said.
The biggest bailout the European Union will have to do if it comes to it will be Spain and it is worrying that there is not a set mechanism on how to go about it, Cornelia Meyer, CEO & Chairman, MRL Corporation, told CNBC Monday.
Google says its mapping service erred by attributing a disputed islet off North Africa first to Morocco, then Spain, when it currently belongs to neither.
Despite the euro zone's recovery still looking very fragile, the central bank's key playmakers seem determined to talk about pushing policy back onto a more "normal" footing.
Stocks declined after a volatile session, but ended the month with the best September results in 71 years. American Express and Caterpillar fell.
Stocks declined as the session end neared as quarter-end rebalancing, and profit-taking, caused the markets to waver despite positive economic news. American Express and Caterpillar fell.