*Euro's rise towards $1.45 may push ECB to change stance. LONDON, March 10- The European Central Bank's decision to leave monetary policy unchanged, and its seemingly relaxed attitude to the impact of a strong euro on deflation, may have put the single currency on course to reach its highest levels in nearly three years.» Read More
Prime Minister David Cameron has pledged to prioritize jobs and economic growth in 2011, but his New Year's message warns of tough times ahead with harsh budget cuts needed to tackle Britain's massive deficit.
It is what will lead the U.S. economy to a self-reinforcing virtuous cycle of increases in production, income, and spending, and it is what will enable risk assets to continue to outperform less risky assets. This condition will prevail for a while. The path to successful investing is to ride these trends and get off before they are discredited, says bond expert Tony Crescenzi.
The European banking sector does not need another round of stress tests because the exposure of large banks to sovereign debt is already public, Société Générale Chairman and CEO Frédéric Oudéa told CNBC Tuesday.
There is a risk of another recession next year, protectionism could cause major problems in 2011 and recent stock market strength could be curtailed, Roger Nightingale, strategist at Pointon York, told CNBC Monday.
A crisis in the municipal bond market in the US would be similar to the one sweeping through the euro zone now, Steven Major, global head of fixed income research at HSBC, told CNBC Wednesday.
Apple will buy Facebook, Congress will block a third round of quantitative easing and the S&P will reach a new all-time high. These are just some of the outrageous predictions for 2011 put forward by Saxo Bank in its annual "Black Swan Exercise."
German Chancellor Angela Merkel said on Friday that Europe will do everything to secure the stability of the euro, which has come under pressure in the euro zone debt crisis.
Rather than simply doubling up on a faltering liquidity approach, the time has come for Germany to lead a more holistic solution focused on addressing the periphery’s debt overhang and competitiveness problems.
Bond vigilantes will target Portugal and force the country to seek a bailout within a month, but Spain will not need to turn to its European peers for help, Piers Curran, head of trading at Amplify trading told CNBC on Wednesday.
The risks of debt deflation and disorderly sovereign and private-sector defaults are rising because policymakers are pressing ahead with spending cuts and raising taxes before seeing strong signs of an economic recovery, economist Nouriel Roubini wrote in a commentary piece for Project Syndicate.
Standard & Poor's has warned that Belgium may have its credit rating downgraded within six months in light of the country's ongoing political deadlock.
Europe was nowhere near ready for the euro when it was introduced in 1999 and the sovereign debt crisis has proven critics of a one-size-fits-all monetary policy right, London mayor Boris Johson wrote in an opinion piece for UK newspaper The Daily Telegraph on Monday.
Some countries in Western Europe are bankrupt or are having serious liquidity problems and they should be allowed to restructure their debt, famous investor Jim Rogers told CNBC Tuesday.
The U.S. will have to follow Europe's economic lead and face up to its debt problems instead of just continuing with quantitative easing that will lead to a dollar decline, David Bloom, global head of foreign exchange strategy at HSBC, told CNBC Tuesday.
When you hear pundits spouting these canards, ignore them.
Interest rates are flat, TARP pays for itself and the Euro holds steady.
Economic growth will be subpar, the jobless rate drifts lower, deflation remains a concern, deficit reduction goes nowhere and heads roll in Washington.
Rating agency Standard & Poor's said it may downgrade Greece's long-term debt if new European bailout rules prove onerous to private holders of the country's bonds.
The premium investors demand to hold Belgian government bonds rather than benchmark German debt rose to its widest level since early 2009 on Monday as the country issued 2 billion euros of 2014, 2020 and 2035-dated bonds.
Sunspots are moving in direct correlation with activity in the markets and they are predicting a crisis in about three years, technical analyst Charles Nenner told CNBC Monday.