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
Stocks started May on a softer footing, in a day of mixed signals from markets.
Robust earnings reports and new money from fund managers may put a bounce into stocks at the start of the week, but the focus will quickly turn to economic news, especially Friday's April jobs report.
Shops have been filled with Union flags and all sorts of memorabilia ahead of the royal wedding, but the British may not be buying as much as retailers hope.
Remember how Standard & Poor's rattled everybody by going negative on U.S. debt? Currency traders are so over that. Your daily FX Fix, right here.
Standard & Poor's lowered its outlook on the United States, kiwis fell, and Finland is frightening euro traders. Time for your Monday morning FX Fix.
What Mervyn King, governor of the Bank of England, called the Nice (“non-inflationary, consistently expansionary”) decade has vanished. In its place, we see what I would now call the Nasty (“nightmare of austere and stagflationary years”), the Financial Times reports.
Many people will applaud the ECB for having the guts and finding the room to re-establish it's inflation-fighting credibility and to step in where the Fed can not because of the state of the American housing market.
Portugal throws in the towel, the Bank of England holds steady, and the European Central Bank tightens its purse strings — it's time for your Eurocentric FX Fix.
CNBC's Steve Liesman discusses the ECB's decision to raise rates a quarter point, which some say was long overdue and others say could seriously endanger the recovery. Simon Hobbs & Rick Santelli weigh in.
Discussing whether the ECB is jumping the gun and the Fed is lagging, with Keith McCullough, CEO, Hedgeye Risk Management. For places like Portugal, Greece and Ireland, he says, things will end badly.
The Federal Reserve is on a different monetary planet to the rest of the world, according to Credit Suisse UK Economist Robert Barrie.
Troubles in Portugal and Spain aren't keeping the euro down, but anemic retail sales are doing a number on the British pound — it's time for your FX Fix.
The British pound is weaker today, but watch out: an interest rate hike is still likely, and the pound will eventually rise, says this strategist.
The euro's rise has stalled as traders focus on the roadblocks in front of a resolution to the debt crisis - including, yes, Finland. It's time for your FX Fix.
The Bank of England held interest rates steady on Thursday, but consensus is building that a hike will come in May, says this strategist.
Euro traders are glum ahead of the EU summit, and rate cuts sting in New Zealand. It's time for your FX Fix.
Prepare for a victory lap at 200 West Street: Goldman Sachs has rejoined the ranks of respectability.
With investors focused more on monetary policy than economic growth, the U.S. dollar is suffering. And absent a major crisis that sends investors scurrying for safety, there may be more weakness by the end of the year, say currency strategists.
Switzerland spells safety - for now - and the European Central Bank is scolding political leaders. Here's your daily FX Fix.
Stronger than expected retail sales in Britain have traders expecting more inflationary pressure, and they're doing some shopping of their own - for the pound.