NEW YORK, Aug 29- The following is the Labor Day holiday schedule for energy futures traded on the CME Group's New York Mercantile Exchange, including crude oil, refined oil products and natural gas.» Read More
US money market funds are stockpiling cash in case Congress fails to raise the debt ceiling, distorting the short-term market for US government debt and raising borrowing costs for banks and other financial institutions, reported the FT.
Banks in Europe will be required to disclose more information about the number of their employees earning more than one million euros ($1.4 million) under proposals put forward by Brussels. The FT reports.
US money market funds have sharply cut their exposure to banks in the euro zone over the past few weeks and reduced the availability of credit, even in stronger countries such as France, the FT reported.
World markets have behaved until now as if it were inevitable that Congress would raise the debt ceiling before the Treasury Department exhausts its ability to pay all of its bills in early August. The breakdown of negotiations Friday has jolted that sense of equanimity, the New York Times reports.
Banks across Europe are braced to take as much as 17 billion euro ($24.5 billion) of writedowns on their holdings of Greek sovereign debt within a matter of days.
Yra Harris, Praxis Trading weighs in on pre-market futures and what to keep an eye on during the trading day.
The logjam of initial public offerings is building in Europe, after almost $10bn of flotations were shelved in the first half of the year due to market volatility and investors’ disillusionment with recent listings.
News Corp is facing heightened legal risks in its home US market over the phone hacking and police bribery scandal after the arrest of Rebekah Brooks, the former News International chief executive, but legal analysts believe US authorities are unlikely to take rapid action against the company. The FT reports.
Bankers believe that an additional disclosure requirement, relating to previously unpublished details of banks’ credit exposures, could trigger approaches for credit portfolios from specialist buyers. The FT reports.
The Squawk on the Street news team take a look at stock futures rebounding off lows.
Europe’s banks are growing increasingly angry over the stress tests being run by European regulators, complaining that the process has been excessively rigid, with damaging changes to the exercise rushed through at the last minute, according to the FT.
CNBC's Bertha Coombs reports a build up in natural gas inventories sent futures plummeting today.
The biggest question in any debt crisis is whether a credible path back to solvency can be found. For Greece, this now seems very unlikely, the Financial Times reports.
A preview of market activity and what to watch for at the open, with Pat Kernan, Cardinal Capital Management.
CNBC's Rick Santelli with a look at today's futures activity at the CME, with Barry Knapp, Barclays.
A preview of today's futures and commodities markets, with Nicholas Bennenbroek, Wells Fargo; Yra Harris, Praxis Trading, and Stephen Schork, The Schork Report.
The London Stock Exchange would be open to considering a merger of equals with Nasdaq OMX, the US exchange operator, in the first sign that the British bourse could yet turn its attention to securing its future in another big merger after its attempted tie-up with Canada’s TMX Group collapsed, the FT reports.
A look ahead of the futures trading day, with CNBC's Rick Santelli.
By the time you read this column today, a fascinating shift will almost certainly have occurred in the nature of US finance: for the first time the government will be the biggest source of outstanding home mortgage and consumer credit loans in the US, eclipsing private sector banks or investors.
The Fast Money traders weigh in on the crop report and the dramatic drop in grain futures.
It used to be common knowledge that bonds only cared about the Fed. Where did that trade go wrong?
Master of the S&P Howard Silverblatt explains how two groups are controlling the market right now.
Despite all that should be hurting gold, the precious metal has traded flat for the month. Is that a bullish sign?
Morgan Stanley is exiting one commodity business to get into another: the increasingly hot nat gas export sector.
Equity, commodity and currency markets are experiencing low volatility, but one market variable stands out in the seemingly stable environment.
Gold prices settled lower on Friday as stock markets wavered on both sides of the Atlantic, but the metal managed to log weekly and monthly gains.