With markets pricing in a "Yes" vote in Greece's referendum, a "No" vote will likely shock markets and trigger a 10 percent correction in the U.S., says Charles Blankley, CIO of Gemmer Asset Management.» Read More
Markets will enter a new "risk-off" phase in 2011 that will last into 2012 and maybe even 2014, according to Nomura’s Bob Janjuah.
The managing director of the IMF, Dominique Strauss-Kahn, was taken off an Air France plane in New York on Saturday and arrested in the sexual attack of a maid at a Midtown Manhattan hotel, the authorities told the NY Times.
It's been a rough week for the euro, and there's more in store, these traders say.
A detailed look at currency trading, with CNBC's Melissa Lee and the Money In Motion traders.
Rising volatility in stocks and commodities could continue to be a dominant theme in the week ahead, as investors watch the latest U.S. economic reports for signs the recovery is moving forward.
The euro is strengthening on solid GDP reports, but the latest CPI data fails to inflate the dollar — it's time for your FX Fix.
How will the global economy be affected by wild commodity swings and the European debt crisis? Insight with Mohamed El-Erian, Pimco CEO/co-CIO.
The world's biggest banks are likely to be hit by capital surcharges that increase progressively based on a lender's size, how connected it is to other banks and how easily it could be replaced in a crisis, global regulators have told the Financial Times.
The S&P 500 will gain just three percent before the end of the year and will be significantly outperformed by stocks in Japan, Europe and the UK according to Patrick Moonen, a senior Strategist at ING Investment Management.
European leaders can't seem to agree on how - or whether - to help Greece. But they sure aren't helping the euro.
Risk is off, debt worries are on, and the dollar is in again - time for your FX Fix.
UK Chancellor George Osborne told CNBC on Tuesday that Britain is an example to countries like Greece on austerity.
The debt crisis facing the developed world is big and will take a generation to resolve, Angel Gurria, Secretary General of the OECD, told CNBC Thursday.
Europe’s recovery is on track, but reform of the financial services sector and strong policy action to improve the fiscal health of EU member states is needed in order to prevent future crises, the International Monetary Fund has said.
Greek trade unionists dutifully turned out for a one-day general strike on Wednesday but the chanting of anti-austerity slogans outside parliament lacked the defiance of a year ago.
Looking at an under the radar way to play the action in Greece, with Andrew Busch, BMO Capital Markets/Money in Motion currency trader.
Sovereign debt is weighing on the euro, but the loonie is lifting off again. Time for your FX Fix.
The Bank of England raised its medium-term inflation forecast to just under 2 percent in its May inflation report, potentially paving the way for a November rate rise.
The boss of French banking giant BNP Paribas has told CNBC that he sees no risk of contagion from the problems facing Greece, Portugal and Ireland.
In Ireland the Irish Times columnist Morgan Kelly has caused a stir by suggesting that his country needs to break free of the terms of its bailout from the European Union and the International Monetary Fund if it is to thrive as a nation.