CRUDE OIL FUTURES FALL $1 PER BARREL ON EXPECTED INCREASE IN CUSHING INVENTORY.» Read More
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.
Mark Sebastian, Option Pit Mentoring and Consulting, reports on the latest market moves, one hour into trading.
Gordon Charlop, Rosenblatt Securities managing director, discusses what traders will be watching ahead of the open.
Kevin Ferry, Cronus Futures Management; David Gilmore, FXA senior analyst; and John Netto, M3 Capital president, provide a preview of what traders are watching ahead of the holiday weekend, including a look at continued problems in the euro zone, the drop in gold prices, and the drifting U.S. dollar.
A look at what traders will be watching ahead of the opening bell, with Ben Lichtenstein, TradersAudio.com president.
Earlier this month, I asked the leaders of a group of U.S-based companies what – if anything – they were doing to prepare for “Grexit”, or a possible exit of Greece from the euro zone. The responses from the manufacturers were rather vague. The FT reports.
Some of Europe’s biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the euro zone and single currency turmoil, the Financial Times reports.
The FMHR traders share their top three trades today, including Pandora popping on better-than-expected earnings. J.C. O'Hara, Phoenix Partners, discusses rising crude prices and a look at how to play oil at these levels, with Dan Dicker, MercBloc.
Food prices are high, but for the $100 watermelons and pumpkins Tony Dighera grows, demand is outstripping supply.
Analysts are weighing up the many factors that have been causing the commodity gold to trade in a tight range in recent months.
Gold held near a two-month low, hurt by strong U.S. economic data and fears that the Federal Reserve could hike interest rates sooner than expected.