Fed Chair Janet Yellen addressed current economic and labor conditions at the Economic Club of New York on Wednesday. Andrew Slimmon, Morgan Stanley Wealth Management, and Mike Holland, Holland & Company Chairman, provide perspective.» Read More
With Portugal’s main opposition Social Democrats (PSD) announcing they will vote Wednesday against a raft of new austerity measures proposed by Prime Minister Jose Socrates, analysts expect the country will have no choice but to seek a bailout from Europe.
The euro has been strengthening despite serious looming problems in the region, and this strategist expects that when traders focus, the results won't be pretty.
European shares look set to open ever so slightly higher on Tuesday, following Asian stocks higher.
When European Union leaders gather in Brussels at the end of the week to finalise a much-anticipated “grand bargain” to solve their debt crisis, the eyes of the financial markets will be focused on an unlikely place: Finland, reports the Financial Times.
Fears that the world economy is facing another downturn are being overplayed, despite the political upheaval caused by recent unrest in the Middle East and the earthquake and subsequent tsunami in Japan, Jim O'Neill, chairman of Goldman Sachs Asset Management, said.
Investors are so focused on the troubles in Japan and Libya that the euro is just strengthening on the sidelines, this analyst says. But for how long?
The dollar has been in the dumps for weeks now, despite all the turmoil in the world. Is it losing its safe-haven status? And how should you trade it?
Risk-on investors are back in action, and the euro is riding high — it's time for your FX Fix.
Our stress tests are better than your stress tests. In the case of the US stress tests for banks versus the stress tests for European banks, there is no contest.
European stocks look set to start the week in positive territory, following Asian shares that rose as investors digested the ongoing Japan nuclear crisis and unrest in the Middle East and North Africa.
The G-7's intervention has halted the yen's rise, but what happens next isn't clear. Here's how to trade.
The Group of Seven nations have agreed to a secret protocol to guide their coordinated intervention and won’t reveal it in order to keep currency markets guessing, according to people familiar with the matter.
Knee-jerk reactions to catastrophes often fall wide of the mark, Stephen King, chief economist at HSBC told CNBC.
Defaults in euro zone sovereign debt and a major fall in US stocks and are unlikely before 2013, according to a research report by Smithers &Co.
European stocks are likely to open higher on Friday, as Group of Seven countries agree to joint intervention to stem the yen's gains.
Japan will get what it wants from the Group of Seven teleconference of finance ministers and central bankers Thursday night, but G-7 sources say the group is still waiting for Japan to ask.
The yen rocketed to a postwar high against the dollar late Wednesday, and the market's showing little sign of calming today. It's time for your FX Fix.
As Japan’s nuclear crisis intensified Wednesday, governments across Europe remained at odds over whether to scale back nuclear power programs or continue plans to expand, reports the New York Times.
European shares are set to open higher on Thursday even as the nuclear crisis in Japan worsened and yen surged to a record high against the dollar.
After two days of heavy selloffs instigated by the disasters in Japan, European shares look set open higher at the start of trading Wednesday.