On Sunday, the people of Crimea go to the polls in a referendum on whether to stay part of Ukraine.» Read More
Central bank policy decisions are looming and economic idea merchants are chattering — it's time for your FX Fix.
Will recent concerns about the jobs market, Europe, and the looming fiscal cliff prompt the Fed to issue additional quantitative easing? Mark Olson, Treliant Risk Advisors co-Chairman, weighs in.
Bob Browne, Northern Trust CIO, and Yra Harris, Praxis Trading, provide a preview of what investors should focus on today, including the Fed concluding a two-day FOMC meeting and the ADP employment report.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at currency markets and bonds, ahead of tomorrow's European Central Bank meeting.
Public opinion is of value to governing politicians only when it is in line with their prevailing decision making. But the public's opinion was never asked for in the first place, when the EU decided to proceed with the great euro project. Why should it matter now?
As two of Spain’s largest regional governments rebel against attempts by the Mariano Rajoy government to rein in their spending, there are increasing concerns about Madrid’s ability to attract the foreign capital needed to finance itself, the FT reports.
While dealing with Europe’s financial difficulties has been a grim slog for the Continent’s austerity-weary citizens and its frustrated policy makers, it is the opportunity of a lifetime for ambitious idea merchants looking for fame to come up with a plan for the euro zone, the NYT reports.
Patrick Bennett, FX Strategist, CIBC says while markets are expecting some action from the ECB, the euro is likely to remain on a downward trend.
A setback for Google; MGM buys out Icahn; tough times for EA and Take Two and Facebook hits new post-IPO lows.
Remember how the euro jumped when European Central Bank President Mario Draghi pledged to preserve it? That is so last week.
In a statement that appears aimed at dampening market expectations for actions from the European Central Bank, a Bundesbank source tells CNBC that “monetary policy should strictly focus on its primary mandate to preserve price stability.”
Breaking down the latest results from a CNBC survey on the U.S. economic outlook, with CNBC's Steve Liesman and Rick Santelli.
Central bank meetings await and the Bank of England is looking for some lending — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as expectations fade the European Central Bank will deliver strong action to back up the euro.
The Olympics is creating a “ghost town” effect in central London as visitors who would normally flock to the capital’s shops, hotels and theatres stay away, casting doubt on expectations of a short-term economic boost from the games.
The value of assets managed by the private equity industry globally continued to rise last year, hitting a record $3 trillion despite financial market turmoil and sluggish economic conditions. The FT reports.
"(Draghi) is probably going to deliver some relaxation of collateral standards," Marc Ostwald, strategist at Monument Securities, told CNBC. He argued that Northern Europe wants this because it could turn pan-euro zone risk into a national sovereign risk. "This is what the Northern countries want... they feel that if they go anywhere down the route which looks like QE, they will purely provide incentives for the 'Club Med group,' including France, not to institute the sort of structural reforms which they failed to do for the past 12 to 13 years."
Does Mario Draghi, the European Central Bank chief, lack independence? As the EU's internal watchdog launched an investigation over his "Group of 30" membership, CNBC's Silvia Wadhwa asked whether he is fully independent.
"We're talking the ECB potentially doing Bank-of-England style QE at some point, so it's a very significant change," Stephen Gallo, FX strategist at Crédit Agricole Corporate and Investment Bank, told CNBC. "From the FX perspective, currency-wise, this is the most difficult move towards easier monetary policy ever, it is tradable," but some forces are euro-positive and others could be very euro-negative, he said. "It's a balance between what peripheral countries need and what core countries need... but it also has a risk of potentially disrupting the an orderly political situation between North and South."
Ross Levinsohn leaves Yahoo; ManU get ready for IPO and more bad news on the corn crop as the drought worsens.
Antoine Halff, head of oil industry and markets at IEA, says that the oil market is "concerned but quiet" on the developments in Ukraine, because the country is not a major transit area for oil.
Richard Hunter, head of U.K. equities at Hargreaves Lansdown, and Daniel Lacalle, senior portfolio manager at Ecofin, discuss the recent profit-taking in stock markets.
After hours of "candid and frank" discussions, Russia made it clear that it would not take any decisions on Crimea until after Sunday's referendum, while the U.S. reiterated it viewed this event as illegitimate, says U.S. Secretary of State John Kerry.