We'll keep you updated on Greece, as the prime minister lashes out at EU leaders and Greeks queue at ATMs fast running out of cash.» Read More
The Singapore dollar is on a roll from high inflation, but sovereign debt worries are pulling on the euro — it's time for your FX Fix.
Back in 1997, Thailand commenced its own banking crisis. The conventional wisdom was that the Thai economy was too small to affect other countries in the region. Nevertheless, the Asian crisis was soon in full swing, bringing down governments and moving from South East Asia to the whole of the region.
Markets are sending confusing signals to investors. The risk-on trade has boosted equities and pushed money into emerging markets, but at the same time money has poured into safe haven assets like the yen and the Swiss franc.
The euro is hitting new highs, a group of developing countries are tired of the dollar, and the yen is having another bad day — it's time for your FX Fix.
Spanish Prime Minister Jose Zapatero is on a tour of Asia this week playing up the fact that key investors like China are more than willing to buy his government’s debt, despite Portugal’s decision to ask the European Union for support.
Loose monetary policy will not solve the euro zone’s structural imbalances and the ECB needs to focus on price stability to help rein in commodity-led inflation, according to incoming ECB Board Member Peter Praet.
Euro traders wonder how far eurozone debt problems will spread, and everyone worries about Japan's nuclear catastrophe — it's time for your Terrible Tuesday FX Fix.
Rising commodity prices mean investors should stay clear of consumer discretionary stocks, according to Nomura strategist Ian Scott.
EU policy makers confidently told reporters in Budapest and Frankfurt last week that Portugal will be the last euro zone member in need of a major bailout. The comments were taken with a pinch of salt by those who have watched the contagion spread from Greece, to Ireland and then on to Portugal.
The plot thickens even more this weekend as European finance ministers meet to work out the terms of a rescue plan for Portugal. Brian Kelly, Kanundrum Capital, tells viewers why the Euro contagion was contained, with CNBC's Melissa Lee and the Money In Motion traders.
The currency markets have never been hotter as world headlines create opportunities everywhere. Also, what's the trade if the government shutdown is avoided, with CNBC's Melissa Lee and the Money In Motion traders.
A weekly look at currency trading and how to profit from it, with CNBC's Melissa Lee and the Money In Motion traders.
Justice approves Google's acquisition of ITA with certain conditions. And markets head lower in the face of a government shutdown and a spike in oil prices, with CNBC's Melissa Lee and the Fast Money traders.
In 10 months, the Dollar Index has lost 14% because the world keeps accumulating dollars it doesn’t want and sells them. Asian central banks are key.
Asian central banks are intervening to stem their currencies' rise, but risk-on investors are not deterred. Get your daily FX Fix right here.
Marc Faber, editor and publisher of "The Gloom Boom & Doom Report," discusses the world economy and the amount of paper being printed by central banks. His preference, as a result, is gold. Faber adds that in the current environment, cash and bonds are dangerous. Everything is going up, he says. Only at the Federal Reserve is there no inflation.
What Mervyn King, governor of the Bank of England, called the Nice (“non-inflationary, consistently expansionary”) decade has vanished. In its place, we see what I would now call the Nasty (“nightmare of austere and stagflationary years”), the Financial Times reports.
European stocks were indicated to open higher on Friday as the euro nears a 15-month high against the dollar.
While Fed Chairman Ben Bernanke maintains allies at the top of the central bank, finding support in the financial community is getting progressively tougher.
Just because the European Central Bank raised interest rates today to stave off inflation, don't expect the Fed to take a similar tack with U.S. rates, these strategists say.