The bond market has turned into a punching bag for big investors, but strategists don't see yields moving much higher for now.» Read More
Europe gets messier, and the Chinese are (finally) buying someone else's stuff—Here's your FX Fix.
Bundesbank president Axel Weber said a lack of political acceptance in the eurozone for his hawkish monetary views had driven his abrupt decision not to run. The FT reports.
Egyptian President Hosni Mubarak's stepping down has kicked off a massive celebration in Egypt, but the unrest there sure isn't helping the euro.
...and new claims of abuse in the trading world—it's time for your FX Fix.
An interesting take on why Germany central banker Axel Weber appears to have taken himself out of the competition.
Tracking the ups and downs of the euro debate is a little wearying. Policy decisions are postponed, inflation hawks suddenly turn dovish, Germany sends conflicting signals on helping (or not helping) weaker neighbors…you get the picture.
...and jitters are spreading—it's time for your FX Fix.
European shares were set for a mixed open on Wednesday, staying close to 29-month highs, as worries about the effect of China raising rates were offset by some strong corporate data.
It is important to recognize the idea that the U.S. bond market is in the latter stages of a 30-year journey during which a “duration tailwind” pushed down market interest rates and boosted returns.
The French financial markets regulator has begun to require hedge funds and other investment managers to disclose their short positions when they reach 0.5 percent of a company’s outstanding stock, reports the New York Times.
European stock index futures pointed to a mixed open for equities on Tuesday, with shares pausing for breath after a rally since the beginning of the month.
Three things you need to know about this week - what will the Bank of England do, what will Bernanke say and watching the currency wars.
A central banker need not be loved, but at the least he should command respect — and in Britain these days Mervyn King cannot count on either, reports the New York Times.
As protests continued for a 12th day, Egypt's newly named vice president and other top military leaders were discussing steps to limit President Mubarak’s decision-making authority and possibly remove him from the presidential palace in Cairo, the NYT reports.
When the heads of the EU meet in Brussels on Friday, they will hear new ideas on how to save the euro, delivered by Mrs. Merkel and the French president, Nicolas Sarkozy, but written largely in Berlin, reports the New York Times.
European shares were set to rise on Friday, tracking gains on Wall Street, as encouraging weekly U.S. jobless data boosted confidence about a recovery in the labor market.
European shares were expected to slip in opening trade on Thursday, with a recent rally losing steam as investors stayed cautious.
European shares were set to rise on Wednesday, tracking advances on Wall Street and in Japan and extending gains from the previous session.
Lewis said he found it “amazing” that the Irish government has “socialized” the banks—some $80 billion in senior and subordinated debt—and made it the financial responsibility of Irish taxpayers, who didn’t create it.
Optimism about the US economy is based on three factors—that the US is not another "Japan," that the European Central Bank is helping Europe’s financial institutions the same way the Federal Reserve is aiding those in the US and that President Obama is moving toward the center, Leon Cooperman, chairman CEO of Omega Advisors, told CNBC Tuesday.