TOKYO, Aug 21- New front month U.S. crude futures inched up towards $94 in early Thursday trade as a bigger than expected drop in petroleum stockpiles outweighed news of increased supplies.» Read More
A look at what traders will be watching ahead of ECB's decision on interest rates, with Scott Bauer, Trading Advantage senior market strategist.
When officials in Brussels unveil new proposals on Wednesday to give the EU’s banking regulators summary powers to wind up failing banks – while keeping taxpayers off the hook – they will cast them as an “embryonic” version of the much vaunted “banking union”, the Financial Times reports.
A check on the latest market moves and what traders are watching, with Alan Knuckman, OneStopOption.com chief trading advisor.
Anthony Scaramucci, SkyBridge Capital managing partner, provides insight on where investors can find buying opportunities in non-correlated assets, such as the subprime space.
Mariano Rajoy, Spain’s prime minister, has called for centralized control of national budgets in the eurozone in an unexpected gesture to mollify Brussels and Berlin on the eve of what is expected to be a crucial week for Madrid. The FT reports.
Stephen Schork, "The Schork Report" editor and Ben Lichtenstein, TradersAudio.com, discuss the outlook on oil futures and whether consumers can expect an increase in gasoline prices.
A look at what traders will be watching, ahead of the market's open, with Joe Kinahan, TD Ameritrade.
A look at the U.S. markets ahead of the open, with CNBC's Kelly Evans.
Madrid was dealt a double blow on Thursday after it emerged that almost €100bn in capital had left the country in the first three months of the year and the head of the European Central Bank lambasted its handling of Bankia, the troubled Spanish lender.
James Gorman, Morgan Stanley chief executive, has defended his bank’s performance as lead underwriter on Facebook’s public offering, despite waves of criticism from investors and a potential legal review of the deal’s marketing, the Financial Times reports.
JPMorgan Chase is spinning out the “special investments group” from its troubled chief investment office as executives clean up the division that caused $2bn trading losses, say people familiar with the matter. The FT reports.
Millionaires are still rare in Poland, but luxe goods are no longer a rare sight in Warsaw's shops and streets.
When Mariano Rajoy climbed the victory podium in November, having won the biggest electoral majority in his party’s history, he would never have imagined that six months later his country’s destiny could be slipping out of his hands. The FT reports.
A Spanish plan to recapitalise Bankia, the troubled lender, by indirectly tapping the European Central Bank for cash, was bluntly rejected as unacceptable by the ECB, European officials said, the Financial Times reports.
Lincoln Ellis, Strategic Financial Group, weighs in with the latest market-moving activity and how to profit from it.
A look at what traders will be watching ahead of the opening bell, with Kevin Ferry, Cronus Futures Management.
Faced with so much market volatility and uncertainty, fund managers say they have sharply scaled back their exposure to countries in the euro-era “periphery”. They have, moreover, become highly selective about investing in banks, the Financial Times reports.
Newedge, a leading broker, is abandoning the Greek stock market in a sign of mounting concern over the country’s future in the eurozone, the FT reports.
The technocratic government of Mario Monti has made significant progress towards overhauling Italy’s economy since it came to office last year, but has not done enough to combat tax evasion and the country’s sizeable black economy, an EU finding to be released this week has determined, the Financial Times reports.
Spain, Italy and Greece, already fighting a financial and economic crisis, are now facing an oil crisis. Olive oil, that is. the Financial Times reports.
The oil and gas entrepreneur says he thinks international oil prices will stay high into perpetuity.
Economist David Rosenberg is famous for turning from a bear to a bull. Now he's reconsidering.
The dollar index is at an 11-month high, while the euro hits a 9-month low, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Gold extended losses after the U.S. dollar strengthened on indications from the U.S. FED that it could raise interest rates sooner than expected.
U.S. crude futures inched up towards $94 as a bigger than expected drop in petroleum stockpiles outweighed news of increased supplies.
As U.S. oil production surges, some say U.S. geopolitical and military strategies are being realigned.