David Owen, chief European economist at Jefferies International and Kit Juckes, global head of foreign exchange strategy at Societe Generale, discuss what the "new normal" for U.K. interest rates will be once they start rising.» Read More
CNBC's Steve Liesman provides a preview of the European Central Bank's move to bring down borrowing costs in the euro zone and how the decision is likely to impact U.S. markets.
The currency is strong against its closest neighbor, the euro, and the cost of its long-term debt is at almost Germanic levels. Yet, to many, the UK doesn’t feel like the safe haven this implies.
Central bank meetings loom and Sweden is on a roll — it's time for your FX Fix.
Bernanke lifts the buck and the pound gets hit — it's time for your FX Fix.
"The Bank of England at that time were desperate to try and get interest rates down because they were so worried about the state of the economy and the state of the financial system and every bank has an incentive to show that it has a low cost of funds to show that it is financially stable," Jan Toporowski, professor of Economics, SOAS, told CNBC.
Bank of England governor Mervyn King and his deputy Paul Tucker are going to be in front of the Treasury Select Committee the Libor scandal isn't officially on the agenda but clearly that is going to come up and may have implications for central bank succession planning. Catherine Boyle has more.
The softening global economy is leading central banks to cut rates, and that could change your carry trade strategy.
"You can trace the weaker U.S. market performance to evidence the U.S. economy itself is starting to slow down," says Jim O'Neill, Goldman Sachs Asset Management chairman, providing perspective on where the markets are going from here.
Charles Dallara, Managing Director, Institute of International Finance discusses the moves by central banks to cut interest rates. He adds that the overall outlook for the global economy remains bearish.
On Thursday, many investors were baffled by the price action in the S&P, which traded in the red, despite catalysts that should have been bullish. What gives?
Weighing in on the Bank of England leaving key interest rates unchanged at 0.5 percent and increasing its asset purchase program total to 375 billion pounds, with Jon Hilsenrath, Wall Street Journal chief economics correspondent, and Robert Brusca, FAO Economics chief economist.
"I'm short the euro," says Jim Iuorio, Director; TJM Institutional Services, discussing the ECB's rate-cut decision, and weighing in on how U.S. jobs numbers will impact the markets.
Hans Goetti, Chief Investment Officer Asia, Finaport discusses the implications the controversy will have on the market and on the banking sector. He adds that changes will most probably have to be made to Libor.
The European Central Bank needs to go beyond lowering interest rates – which has already been priced in by markets – to boost growth and authorities may be better off ramping up their asset-purchasing programs instead, economists tell CNBC.
Patrick Perret-Green, Head of FX & Rates Strategy for Asia, Citi says the real question for investors is whether a rate cut by the ECB passes through to bank lending and deposits.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors says further easing from the ECB and BOE will help the market rally to continue.
John Horner, FX Strategist at Deutsche Bank says the ECB will make a 25 basis points repo rate cut at its policy meeting on Thursday.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors says that the Barclays scandal doesn't indicate there's any Libor fixing going on today.
Ready for another employment report? This strategist has a trading plan.
Garett Jones, Senior Scholar at George Mason University, Mercatus Center says that the banking sector could implement reforms that will wean them off constant state bailouts.