The U.K. economy continued its robust expansion in the second quarter, and is now larger than at its pre-crisis peak at the start of 2008.» Read More
Moody's is changing its outlook on the ESFS from stable to negative, and ABC's "Modern Family" has halted production due to salary demands, reports CNBC's Brian Shactman.
Daryl Guppy, CEO of Guppy Traders gives his take on Spanish bond yields.
Mad Money host Jim Cramer shares his final thoughts of the day.
The Australian dollar has been on a roll, but these strategists think the good times are going to stop.
Discussing the state of the global markets, with Kenny Polcari, ICAP managing director. "I think Europe is going to trump everything that comes out, and overall the focus remains on Europe and the much broader economy," he says.
Europe and the “fiscal cliff” are two of the big depressants weighing on the equity markets, Wharton school finance professor Jeremy Siegel tells CNBC. Once they're resolved, the Dow can head to 15,000, Siegel said.
CNBC's Simon Hobbs reports on all the market-moving activity from Europe and its impact on U.S. stocks, with CNBC's Courtney Reagan.
Moody's goes negative on Germany, Japan talks tough, and the British aren't buying houses — it's time for your FX Fix.
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.
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The Big Mac Index compares how much a Big Mac costs in 38 countries, explains Edward McBride, finance editor at The Economist. He outlines which currencies are the most under- and over-valued.
Mark Haefele, global chief investment officer at UBS Wealth Management, explains that Europe, and equities in general, are attractive as central banks remain supportive.
David Herro, CIO at Harris Capital, says the geopolitical situation has made European valuations a bit more appealing and that now is a good time to pick up quality European stocks.