Upcoming econ data will be extremely important, since it could have a direct impact on what the Fed might say about a path to higher interest rates.» Read More
CNBC's Steve Liesman discusses the ECB's decision to raise rates a quarter point, which some say was long overdue and others say could seriously endanger the recovery. Simon Hobbs & Rick Santelli weigh in.
Discussing whether the ECB is jumping the gun and the Fed is lagging, with Keith McCullough, CEO, Hedgeye Risk Management. For places like Portugal, Greece and Ireland, he says, things will end badly.
CNBC's Rick Santelli reports on the weekly jobless claims number, which fell to 382,000. Steve Liesman provides analysis and discusses whether the ECB rate decision will stick. Jim Iurio, Institutional Services, discusses, as well.
Headlines, comps and CNBC's Silvia Wadhwa discusses the ECB's decision to raise interest rates by a quarter point.
Discussing the European Central Bank's decision to raise rates by a quarter point, with CNBC's Steve Liesman. U.S. economists don't necessarily agree it's a good decision, but others question whether Bernanke and the U.S. Fed are actually behind the curve. MIT Sloan School Dean David Schmittlein also weighs in.
Stephen Roach, Morgan Stanley Non-Executive chairman & Yale senior lecturer, discusses this recovery and why it's different. He also talks about the possibility of an ECB rate hike, and the role of the Fed in the financial crisis.
Jim O'Neill, Goldman Sachs' chairman of asset management, discusses the situation in Portugal and Europe, as well as the current market environment. He also voices his opinion about global economies and a monetary system that needs to change.
CNBC's Silvia Wadhwa reports from Frankfurt on the expected rate hike by the ECB. Many see it as a warning that countries have to be responsible for getting their own fiscal houses in order. And John Harwood reports on a new NBC-Wall Street Journal Poll. Also, a look at the weather forecast for The Masters in Augusta, Georgia.
A roundup of the day's news with CNBC's Joe Kernen & Becky Quick. Including a rally in Portuguese bank stocks after the country asks for a bailout, Moody's warning it could cut UK banks senior debt ratings and another strike in Greece. Also, Libya accuses the British of striking an oil pipeline.
The West's attempts to kick-start growth have opened up a 'Pandora's Box' of economic distortions that have taken the emerging world to the outer reaches of economic experimentation, according to HSBC chief economist Stephen King.
Portugal has finally gone cap in hand to the European Union, the European Central Bank is about to raise rates and the market is obsessed by Fed speak and looking for clues on when the second round of creating money — or quantitative easing — will come to an end.
After months of speculation, Portugal last night accepted what many had claimed has been inevitable since the fourth quarter of 2009 and went cap in hand to the European Union as its borrowing costs became unsustainable following another big jump in yields.
Global investors have followed every twist in the ongoing debt crisis engulfing the euro zone. See what countries have the most indebted governments, and how their economies are faring.
European stocks were indicated to open slightly lower on Thursday ahead of interest rates decisions by the European Central Bank and the Bank of England, as well as news that Portugal will seek financial aid from the European Union.
Traders are so certain the European Central Bank will raise interest rates tomorrow that any indication of dovishness will hurt the euro, this strategist says.
Does raising rates suggest the world's economies are better than they actually are? Renown trader Dennis Gartman weighs in.
The yen is continuing its slide as the Bank of Japan meets, but an expected European Central Bank action is having the opposite effect. Time for your daily FX Fix.
2011 is beginning to look very like 2008 before the collapse of Lehman Brothers—except the numbers involved are much bigger this time around, according to Simon Derrick, the chief currency strategist at Bank of New York Mellon.
European stocks were indicated to open slightly higher on Wednesday, following positive but muted trade in Asia.
The euro has been trading as if there is no such thing as a sovereign debt crisis, and that decoupling is overdone, this strategist says.