SYDNEY, Sept 19- Australia's miners face tough times amid a meteoric fall in the price of their cash cow, iron ore, but there are plenty of reasons to believe the rest of the economy can weather the storm and perhaps even profit from it.» Read More
Futures indicated a lower start to the week for Wall Street Monday as investors fretted over the global economic outlook after the World Bank cut its 2009 forecasts for most economies.
Global stocks began the week lower Monday as the dollar strengthened pushing oil prices and other commodity stocks down. Experts tell CNBC safe-haven gold is in a downtrend, but silver still has upward potential.
If oil's rally continued toward $90, then when it dipped again, it would be unlikely to reach lows hit in March. However, if oil fails to reach $90, it is likely to retest March lows, Robin Griffiths, technical strategist at Cazenove Capital told CNBC.
Stocks ended flat Monday as a late rally fizzled after the Supreme Court issued a stay, temporarily halting the sale of Chrysler to Fiat.
Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meaeting.
Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meeting.
Futures pointed to a lower open for Wall Street Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Federal Reserve may raise rates at its next meeting.
Global stocks fell Tuesday, as the recent rally was dented on reports that North Korea test-fired two short-range missiles. Experts told CNBC they see value in soft commodities but not in base metals.
Global stocks seesawed Friday, but oil prices were on the increase. This week the energy stock reached fresh six-month highs. Experts tell CNBC oil is becoming the new gold.
As global stocks fell Thursday on concerns about the economic recovery after the Federal Reserve lowered its forecasts for U.S. growth for the next three years, safe-haven play gold rose. Experts tell CNBC the precious metal's price is likely to resume its upward climb.
Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.
Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.
Futures pared losses Friday after a pair of better-than-expected manufacturing readings.
Although global stocks were down again on Thursday, experts tell CNBC it is time to buy U.S. stocks, just not companies relying on the government.
Global stocks were higher Wednesday despite data out of China showing the country's industrial output rose less than expected in April. But experts tell CNBC there is real growth potential in the Asian economy.
Global stocks were mostly higher Tuesday as expectations grew that the worst may be over for the global economy. Experts interviewed by CNBC consider whether the expectations are founded.
Global stocks took a break Monday after a successful week of gains. Investors remain uncertain if the global economy is showing signs of recovery or signs of further deterioration. Experts give CNBC their predictions.
The closely-watched US jobs report is due later on Friday, after results of stress tests late on Thursday revealed that ten banks need to raise up to $75 billion in fresh capital.
Investors are eagerly anticipating the release of the U.S. government's stress test results Thursday where a number of the 19 banks reviewed are expected to require fresh capital.
Global stocks were mixed on Wednesday as investors became more cautious a day before the bank stress test results after reports that Bank of America may need to raise a substantial amount of capital.
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