There were mixed messages coming from Brussels, as finance ministers attempted to hammer out a deal on how to wind down failing banks.» Read More
Alec Young, S&P Capital IQ, and Jeremy Siegel, University of Pennsylvania professor, discuss investment strategies, amid a slew of U.S. earnings and Europe's weak fiscal situation.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at the flattening in the Spanish yield curve, a recessionary sign; and the jump in shares of Swiss watch manufacturer, Swatch Group.
Greece has been out of the limelight for a few weeks so we have had the luxury of addressing topics other than the euro zone. Normal service will be resumed fairly shortly I’m sure, but in the meantime we stay close to home and today consider the importance of statistics.
Signs that cracks in the euro zone are widening sent markets on the Continent down sharply on Monday, as doubts grew about Greece’s ability to make good on its debt payments and Spain’s economy — the region’s fourth largest — was straining under the pressure of the government’s austerity measures, the NYT reports.
Last year, the Honduran Congress passed a constitutional amendment allowing for the creation of special development regions. In theory, they would function as semi-autonomous city-states with their own governing charters and a degree of foreign oversight, the global Post reports.
Bold plans to sweep away a culture of short-termism in the City, which has been blamed for undermining company performance and reducing investor returns, will prove difficult to enact, some company bosses and asset managers warned. The Financial Times reports.
The euro is hovering near multi-year lows against the U.S. dollar and the Japanese yen as a slew of negative news cements bearish sentiment towards the single currency, but analysts tell CNBC there are signs of resilience in the euro and a collapse is unlikely.
Daniel Sennheiser, President, Strategy & Finance at Sennheiser Global says European sales grew 15% in 2011 despite the euro zone crisis. He adds that consumer demand for its premium, high-end products remain high.
Taimur Baig, Director & Chief Economist, Global Markets Research, Deutsche Bank AG says that Europe as a whole is a economically sustainable unit with just a few bad apples.
Sean Callow, Senior Currency Strategist, Westpac Bank says that Spain's longer dated debt are the real test of confidence and inability to sell those paper this week will weigh on the euro.
Tai Hui, Head of Regional Research, Asia, at Standard Chartered Bank says that investors want to see more support for Greece and Italy from the likes of Germany but there will be resistance from the latter.
U.S. Treasury yields could continue to set record lows, as investors flee the latest wave of euro zone worries amid fears of global recession.
Seth Masters, Bernstein Global Wealth Mgmt. explains his bullish call on the Dow, while Harry Dent, HS Dent CEO, shares his bearish outlook on the index. "The sentiment right now is absolutely terrible," says Dent.
The Dow posted a late date rebound, and closed down by double digits. Discussing where the market might be headed next, with Larry Kantor, Barclays; Brian Jacobsen, Wells Fargo Advantage Funds; and Bob Gorman, TD Wealth.
Discussing the state of the U.S. markets, and whether more Fed action is necessary, with CNBC contributors Joe Lavorgna and Ron Insana, and CNBC's Steve Liesman.
Taking a look at opportunities in the stock market amid a selloff and European concerns, with Todd Schoenberger, The BlackBay Group; Stuart Schweitzer, JPMorgan Private Bank; Rob Smalley, UBS; and CNBC's Bob Pisani.
CNBC's Sharon Epperson reports on how euro zone fears are weighing on gold prices.
Mideast violence is pushing oil higher, while Europe's economy is bringing the commodity lower, reports CNBC's Sharon Epperson, with Addison Armstrong, Tradition Energy.
CNBC's Michelle Caruso-Cabrera reports on the trouble for Spanish banks; and CNBC's Steve Liesman discusses U.S. GDP growth.
The start of the week will likely prove to be the worst part as Europe, China, and US concerns will all be front and center. With no central bank cavalry set to arrive this week, the markets will not be bailed out and must probe new levels to adjust for the added risk premium.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Could boom times be back for stock market listings? EY's vice-chair of strategic growth markets, Maria Pinelli, says yes.
Linas Linkevicius, minister of foreign affairs of Lithuania, says the Ukrainian government will "burn all its bridges" with the European Union if it uses violence against protestors.
CNBC's Louisa Bojesen talks through the close of European markets.