Swine flu could affect commodities prices, especially oil, as demand may shrink on fears of a further economic slump because of a worldwide epidemic, Eugen Weinberg, senior commodity analyst at Commerzbank, told CNBC.
"As the Fed and the BOE have become more sane by printing money the so called gurus like Soros and Buffett suffer a deficit of sanity. They are saying the actions of these central banks will lead to inflation. I contest that," Hugh Hendry told CNBC.
A Swiss court has increased the prison sentence handed to a former banker who broke the country's strict banking secrecy laws.
Wall Street’s banking giants JPMorgan Chase and Goldman Sachs turned in better-than-expected earnings for the first quarter, leading many investors to hope that the beleaguered sector is over the worst of its troubles.
Global stocks rose Thursday, ahead of the long Easter weekend, as governments and central banks take concerted efforts to restore economic growth.
Global stocks eked out small gains Tuesday ahead of the start of the U.S. corporate earnings season, which aluminum producer Alcoa kicks off later. Experts expects the first-quarter earnings to be a doozy for most American companies.
Global stocks and the euro gained Monday as hopes that the economic downturn is nearing its bottom spurred demand for riskier assets. Experts tell CNBC they see long-term value in the euro and gold, while they see short-term value in the dollar and stocks.
While most Asian markets closed higher Friday on the back of the G20 summit optimism and a rally in tech stocks, European markets were lower ahead of the March U.S. jobs report. Economists polled by Reuters expect a decline of 650,000 jobs.
The US dollar will remain the world's reserve currency for a while and it is probable that the world economy will start growing next year, with China, Brazil and India among the first to bounce back, billionaire investor and currencies expert George Soros told CNBC.
As leaders from the most power nations from around the world meet at the G20 summit to discuss coordinated measures to contain the global slowdown, many policy makers continue to modify their fiscal policies.
Global stocks powered higher Thursday as hopes grew that the US economic decline was reaching a bottom, while the euro gained despite expectations of an interest rate cut from the European Central Bank. Experts weigh in on how to help the economy.
Why should we pay attention to four-and-a-half hours of debate followed by highly choreographed photo ops and a communiqué that most of us could have cobbled together on the back of a swanky hotel envelope?
Global stocks began the second quarter lower Wednesday ahead of the G20 summit in London which aims to tackle the financial crisis. Experts tell CNBC that gold is a good buy when above $1,000, but that long-term U.S. Treasurys may be losing their shine.
Global stocks were down ahead of a big week, which includes the G20 summit in London, the European Central Bank policy meeting and monthly employment data out of the U.S. Experts tell CNBC what they expect from the week ahead.