Germany, the euro zone's largest economy, is on track for a recovery thanks to a pick-up in demand for its products from abroad, the Bundesbank said on Tuesday.» Read More
Germany and its two closest allies in the euro zone appeared to step back on Tuesday from a key agreement that would free Spain and Ireland of billions in debt incurred through bailing out their banks, the FT reports.
Investors know what they want, and it isn't the G4 currencies.
As Spain tries desperately to meet its budget targets, it has been forced to embark on the same path as Greece, introducing austerity measures, cutting jobs, salaries, pensions and benefits. As a result, some residents are forced to salvage food from garbage cans.
European shares closed higher across the board Tuesday after ECB President Mario Draghi defended the central bank's bond-buying program after a meeting with German Chancellor Angela Merkel and following upbeat U.S. economic reports.
A Spanish bailout could give the euro a short-term boost, but the currency remains highly vulnerable to developments in the euro zone and prospects for European banks in particular, analysts said on Tuesday.
Spain has been stalling in asking for a bailout, and this strategist sees the euro stalling as well — so she has another trade in mind.
A reported German challenge to European bond-buying dents the euro and commodity prices hit the Aussie - it's time for your FX Fix.
Bob Janjuah, the bearish contributing strategist at Nomura in London has long predicted the S&P 500 will head towards 800, a level not seen since the aftermath of the collapse of Lehman Brothers. With the S&P 500 closing on Monday at 1,456, Janjuah has been forced to review his timing.
If life in the euro zone’s economically embattled periphery was not bad enough, now the coffee culture emblematic of southern Europe is under siege. Italians are having to cut back on their cappuccinos and espressos and Spaniards are dropping their cortados, contributing to a sharp drop in wholesale coffee prices. The FT reports.
Southeast Asia's most populous nation is on track to become the world's 7th largest economy by 2030, putting it ahead of the developed nations of Germany and the U.K., a new report by McKinsey Global Institute showed Tuesday.
More than a quarter of the work force in Spain or Greece is without jobs, but there is a city on the Danube north of Munich that has the opposite problem: not enough workers, the New York Times reports.
Risk appetites are getting sated, and this strategist is wary of currencies from countries with stimulus programs underway.
Free market reforms and a 10 percent flat tax rate have helped transform Bulgaria into an island of stability in Europe.
European shares closed lower Monday, as a drop in German business sentiment and fresh worries over Spain and Greece pushed nervous investors towards more defensive equity sectors such as health-care stocks.
Paper and packaging firm Mondi, online betting company Paddy Power, U.S tax preparer H&R Block and Cisco, the world's biggest maker of computer-networking equipment represent good investment opportunities with plenty of potential, Alex Gunz, fund manager at Heptagon Capital told CNBC.
"Super" Mario Draghi of the European Central Bank has a super problem: the markets might love him, the bankers might love him, politicians from Athens to Dublin might love him, but the German people don't. He's been called anything from "bankers' buddy" to "counterfeiter of coins", and depicted by the tabloid press as a devil sporting horns and a trident, set against a distinctly angelic Bundesbank president Jens Weidmann.
A sentiment survey dents the euro, but confidence is up in Brazil — it's time for your FX Fix.
Euro zone leaders have been trying to keep the currency union intact, but some—including a high school teacher from Bavaria—say a better solution lies in local currencies, an idea that is now being pitched to Greek politicians.
The Senate unanimously passed a bill on Saturday that would shield U.S. airlines from paying for their carbon emissions on European flights, pressuring the European Union to back down from applying its emissions law to foreign carriers, the Christian Science Monitor reports.
Three years into the global financial crisis, multinational companies that had made huge profits during the consumer boom that preceded it faced a major dilemma: people were no longer buying the expensive premium products that once sold well in Europe, the Global Post Reports.
Further unrest in the South African mining sector has increased the chances of another credit rating downgrade, an analyst told CNBC.
The big divergence over the past few months in the direction of the S&P 500 and copper.
Citigroup's Jonathan Stubbs told CNBC that European equities have "rarely" been so appealing to investors.
Rumors that Brazil's social security fund called Bolsa Familia was to be cancelled led to a bank run over the weekend.
An independent Scotland is at risk of a Cyprus-style banking crisis, as its banking sector would be "exceptionally large."
As U.K. Prime Minister David Cameron heads to Brussels this week to discuss EU tax policies, he knows there are far more taxing questions at home regarding regarding the EU.
Louisa Bojesen takes you through the European market close, where stocks have come in lower on Fed fears.
Eric Wasserstrom, managing director at Suntrust Robinson Humphrey, tells CNBC that in his own view the Jamie Dimon JPMorgan vote is unlikely to garner sufficient support to compel the board to make a change.
Jed Kolko, chief economist at Trulia, tells CNBC that the housing starts tumble is likely to be a blip and should recover next month.