Alain Bokobza, Head of Global Asset Allocation, Societe Generale Corporate & Investment Banking says it is important to highlight the imbalances within each emerging economy when the Fed tapers.» Read More
*No immediate reaction to budget deal in Washington. TOKYO, Dec 11- The dollar wobbled near a six-week low against a basket of currencies on Wednesday, hampered by a growing view that the Federal Reserve needs more positive economic data before it decides to start reducing its monetary stimulus.
NEW YORK, Dec 10- The euro hit a six-week peak against the dollar on Tuesday, helped by expectations of a banking deal in the euro zone and a growing view the Federal Reserve needs more positive economic data before it decides to start reducing its monetary stimulus.
WASHINGTON, Dec 10- The U.S. Senate is likely to vote next week on President Barack Obama's choice of Janet Yellen to be the next chief of the Federal Reserve, a senior Senate Democratic aide said on Tuesday. Yellen, the Fed's vice chair, is widely expected to win Senate confirmation, which would make her the first woman to lead the U.S. central bank.
CNBC's Scott Wapner and Troy Gayeski, Skybridge Capital senior portfolio manager, discuss the probability of an aggressive December tape and if there is any more room for the market run.
CNBC's Bob Pisani and David Nelson, Belpointe Asset Management chief strategist, discuss QE and if market momentum will continue into 2014.
Gold settled more than 2 percent higher and near a three-week high on Tuesday, boosted by technical buying.
Are we out of the crisis? Dan Greenhaus, BTIG; Adam Grimes, Waverly Advisors CIO; and CNBC's Steve Liesman and Herb Greenberg discuss.
*Rambus rallies after settling with Micron. NEW YORK, Dec 10- U.S. stocks slipped on Tuesday, a day after a record close on the S&P 500, with traders looking ahead to next week's Federal Reserve meeting in the absence of market-sensitive economic data.
Discussing long-term challenges to the economy and the budget, with Former U.S. Treasury auto advisor and Chairman of Willett Advisors Steven Rattner.
The spring could bring a new surge in home sales, but buyer demand will be hit head-on by changes unfolding in the mortgage business. Learn more.
CNBC's Eamon Javers breaks down the 5 key exemptions of the Volcker Rule, including underwriting and risk mitigated hedging.
Carlyle Group co-founder and co-CEO William Conway discusses how the taper could hurt the emerging markets, and where his company is planning on investing in 2014.
Carlyle Group co-founder and co-CEO William Conway explains why QE is less effective now than it was initially.
*EU seen creating euro zone banking union. NEW YORK, Dec 10- The euro climbed to a six-week peak against the dollar on Tuesday, helped by expectations of a banking deal in the euro zone and a growing view that the Federal Reserve would need additional positive data before it can decide to reduce its economic stimulus.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss rumors of when the Fed may taper, and whether the markets are headed towards a "Santa Claus rally."
Discussing the Volcker Rule and the improvements made to make the legislation stronger, with CNBC's Rick Santelli and Sheila Bair, former chair of the FDIC.
WASHINGTON, Dec 10- Two U.S. regulatory agencies on Tuesday voted to unanimously approve the Volcker rule to restrict banks from trading for their own profits. The U.S. Federal Deposit Insurance Corp board of directors and the U.S. Federal Reserve Board of Governors both approved the rule on Tuesday morning.
U.S. Treasurys prices rose as investors focused on when the U.S. central bank is likely to pare back this $85-billion-a-month buying program.
WASHINGTON, Dec 10- Emerging markets could adjust to the withdrawal of the Federal Reserve's massive monetary stimulus as long as it happens gradually, World Bank President Jim Yong Kim said on Tuesday.
CNBC's Rick Santelli discusses if the Volcker Rule will address the issues of "too big to fail."