The dollar gave back earlier gains against the euro on Friday while also slipping against the yen and the Swiss franc.» Read More
European stocks were seen mostly unchanged on Monday, following last week's strong gains, as investors brace for this week's flurry of debt auctions in the euro zone.
Less than a month after bailing out Ireland, and after a holiday lull in the markets that may have looked mistakenly like calming, the European Union is again struggling to persuade investors that it has the cash and the will to address the root cause of its travails. The New York Times reports.
From Portugal and Spain to the state of housing in the US, here are some notable themes to watch for in 2011.
European stocks were seen retreating on Wednesday, losing ground for the first time this year, as heavyweight resource-related shares feel the pinch of a sell-off in commodity prices.
On Saturday, Estonia completes its trip from Soviet republic to full-fledged member of the euro zone, reports the New York Times.
It is what will lead the U.S. economy to a self-reinforcing virtuous cycle of increases in production, income, and spending, and it is what will enable risk assets to continue to outperform less risky assets. This condition will prevail for a while. The path to successful investing is to ride these trends and get off before they are discredited, says bond expert Tony Crescenzi.
January in the northern hemisphere is usually the coldest month of the year and it might prove to be a bitter one for euro zone governments trying to raise money in the capital markets, reports the Financial Times.
With much of Europe mired in a debt crisis and hamstrung by austerity budgets, one would think that European Union leaders are busy examining their economic models, looking for ways to promote growth amid tougher global competition. The New York Times reports.
Eurozone end-of-year financial market tensions have been highlighted by the European Central Bank’s failure to reabsorb funds it has spent on buying government bonds to combat the region’s debt crisis, reports the Financial Times.
Critics once proclaimed that the euro was doomed to struggle. Different countries would pursue such different economic policies, they argued, that it would ultimately place an unbearable strain on the currency and some of its members. Today, many of those predictions are coming true, the New York Times reports.
The European Central Bank increased its intervention in government bond markets last week, indicating that the euro’s monetary guardian remained wary of an escalation of the eurozone debt crisis, reports the Financial Times.
European shares were expected to open little changed Wednesday, with investors avoiding strong bets at the tail end of the year.
The Federal Reserve extended a program set up earlier this year to ease strains from the European debt crisis.
European stocks were seen rising Tuesday, mirroring gains in Asia and extending their Christmas rally.
Stocks traded mixed ahead in lackluster trading, although the S&P 500 and the Nasdaq hit new two-year highs on thin gains amid a lack of economic news. Alcoa and 3M rose, while American Express fell.
Stocks traded narrowly mixed amid thin trading and a lack of economic news as stocks struggled to move beyond recent highs. 3M and Alcoa rose, while AmEx fell.
The CBOE Market Volatility Index (VIX) edged upward Monday. With a new year, rising tensions on the Korean peninsula and global debt fears, should you shift your portfolio allocations? Julian Pendock, partner at Senhouse Capital, offered CNBC his insights.
Stocks slumped after opening higher as the dollar rose, but trading was light at the start of a holiday week. AmEx and Boeing sank, while BofA rose.
U.S. stock index futures rose ahead of the open Monday, but trading was light at the beginning of the week before Christmas.
European shares were set to dip on Monday, with investors' nerves rattled by possible escalating tensions in North Korea.