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Amid all the European turmoil, the euro has been trading in a range, but this strategist expects that to change.
Spain and Italy pay up and the European Union summit looms - it's time for your FX Fix.
The unresolved euro zone crisis, slowing growth prospects and currency depreciations have created a risk-off environment that makes investors think twice about emerging markets, Pablo Goldberg, Global Head of Emerging Markets Research at HSBC told CNBC’s “Squawk Box Europe”.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at Spain's short-term debt auction of 3.08 billion euros, paying the highest rate since November.
Egypt’s stock market soared on Monday, following the official election of the country’s new president, Mohammed Morsi of the Muslim Brotherhood. In his first address to the nation, Morsi called for national unity as he sets about building a civilian administration for the country.
When London won the bid to host Olympics seven years ago, the city promised that the Games would leave a legacy of the revitalization of historically underdeveloped East London as well as new sporting facilities. This promised legacy was an important part of the city’s bid.
The Dow drops again to start the week; Lennar to in talks to talk $1.7 billion in loans from China; Facebook COO to join the board; Microsoft buys Yammer and Moody’s downgrades 28 Spanish Banks.
With U.S. stocks extending losses on Monday, one asset manager says the stock market is like a car that is leaking oil, adding that the lack of strong policy action by politicians in Europe is likely to lead to more volatility and further declines in equities.
Tou Chen Chang, Managing Director & Head of Global Banking, Southeast Asia at HSBC says that investors are returning to the safety of currencies like the U.S. dollar and Japanese yen.
The European Union would gain far-reaching powers to rewrite national budgets for eurozone countries that breach debt and deficit rules under proposals likely to be discussed at a summit this week, according to a draft report seen by the Financial Times.
CNBC's Brian Shactman reports on the rough day for the stock market; and Mike Holland of Holland & Company and Jeffrey Kleintop of LPL Financial, share their opinions on how to make money in a time of uncertainty.
Distinguished market expert Neel Kashkari, of PIMCO, offers insight on global recession and whether China is worse off than investors think. "An extreme hard landing is not impossible, so we all have to be protecting against the downside," says Kashkari.
Uncertainty still lingers in Europe and investors are fleeing to safe havens like gold and Treasurys. James Paulsen of Wells Capital Management, explains why he doesn't think this is a good strategy.
Bankrate.com reports that some 28 percent of Americans have no emergency savings. Is irresponsibility to blame or is something else at work? Greg McBride, Bankrate.com, and Dan Mitchell, Cato Institute, weigh in.
The German Finance Ministry has estimated the cost of a euro zone breakup, and it's not pretty.
David Sowerby, Loomis Sayles, is staying cautious "near-term," calling the U.S. fiscal debt the bigger issue for the markets than Europe. Michael Cuggino, Permanent Portfolio Family of Funds, and Nathan Bachrach, The Financial Network Group, weigh in.
Maybe the Spanish government should issue coupons to the rest of the world to spark up demand for Spanish goods.
In one week, a EU-wide ban on Iranian oil goes into effect along with EU-wide ban on insuring any ship carrying Iranian oil, with John Hofmeister, Shell's former president & CEO.
The euro has taken another leg lower and investors remained worried about global growth concerns, with the FMHR traders. Meanwhile John Rutledge, Rutledge Capital, says that although China is slowing, it will not see a hard landing.
CNBC's Simon Hobbs reports European stocks and the euro extend their losses as worries about the EU economy mounts, impacting U.S. markets. CNBC's Courtney Reagan, Rick Santelli and Yra Harris, Praxis Trading partner, weigh in.
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.
Jose Vinals, director of the Monetary and Capital Markets department at the IMF, stresses that while Europe has started to recover, more needs to be done on fiscal policy and banking regulations.
Morten E. Astrup, founding partner at Storm Capital Management, explains that the Norwegian high-yield market is outperforming its U.S. counterpart and should continue to do so for another couple years.
Marcus Ashworth, head of fixed income at Espirito Santo Investment Bank, says that while Italy's Prime Minister Letta is in a strong position, there will be "constant scares" as the economy remains a real problem.