Piraeus Bank, one of Greece’s largest banks, will be the first Greek bank to raise new capital on the markets since the start of the euro zone crisis.
George Osborne faces a black hole of more than £20 billion in the public finances,according to official government economic models, the Financial Times reports.
Euro-dollar is set to power higher, even after jumping to a two-month high on Thursday following upbeat comments from ECB, analysts told CNBC.
While tensions in Ukraine have ebbed, it’s not time for global markets to put the crisis behind just yet, analysts say.
Anthony Skinner, director and head of MENA at Maplecroft, says there are ongoing tensions between Turkey and the European Union, meaning Turkey won't join the bloc within the next 10 years.
John Studzinski, senior managing director and global head at Blackstone Advisory Partners, says Facebook's $19 billion buyout of WhatsApp was not justified, but the social networking site sees value in the large user base.
Valentin Marinov, director of FX strategy at Citi, says more poor data such as jobs numbers out of the U.S. will hit the dollar.