The Swiss National Bank said it would introduce a negative exchange rate of -0.25 percent on sight deposit account balances at the central bank.» Read More
CNBC's Kelly Evans reports European markets are down this morning following a slew of weak economic data. The euro is sitting near a 2-year low versus the U.S. dollar on growing concerns about Spain.
CNBC's Steve Liesman and Rick Santelli discuss today's economic reports. "Anybody who still believes -- at this point in the game -- that there is a magic solution for any type of fix that doesn't take 3-5 years in Europe --they're delusional," says Santelli.
Gary Schlossberg, Chief Economist, Wells Capital Management says that the crisis in Europe is affecting U.S. growth and sentiment will continue to be weak over spring and summer.
Tim Leach, Chief Investment Officer of U.S. Bank Wealth Management Group says there could be upside potential for stocks over the next few months, but only if the cloud cast by Europe is lifted.
Representative Paul Ryan (R-WI) discusses efforts made to prevent the fiscal cliff from happening at the end of the year. "The president hasn't proposed a single solution [to the fiscal cliff] in any of his four budget submissions he sent to Congress," says Ryan.
PIMCO's Bill Gross discusses record low Treasury yields and whether a potential "eurobond" is ahead.
Zach Karabell, RiverTwice Research, explains why he is focusing on commodity-based global plays, including Freeport-McMoRan and Petrobas.
CNBC's Steve Liesman reports the IMF describes the Spanish contingency planning as a "normal part of fund business." Zach Karabell, RiverTwice Research and CNBC's Simon Hobbs, weigh in.
In a conversation on "Squawk on the Street," Art Cashin of UBS says he's more worried than ever that a run on banks in Greece or Spain, or worse, could happen before Europe's leaders agree on a practical solution to the continent's debt problems.
Discussing the best places to invest amid market uncertainty, and growing concerns in Greece, with Barry Knapp, Barclays Capital.
Drew Guff, Siguler Guff managing director, discusses why he sees opportunities in Russia and other emerging markets, with Curtis Arledge, BNY Mellon vice chair.
The "Squawk Box" news team weighs in with their perspective on the markets ahead of the opening bell.
Are investors too fearful of Europe's continuing debt crisis? Ian Shepherdson, High Frequency Economics chief U.S. economist, explains his contrarian call on the markets and the implications of disbanding the euro zone.
CNBC's Kelly Evans reports on all the market moving activity in Europe, including concerns over Spain's debt keeping German bunds near record highs, and the ECB's president, Mario Draghi calling for bank reform.
The European Union needs a unified system of banking and a more centralized taxation policy, Nick Economides, professor of economics at New York University's Stern School of Business, told CNBC.
Alain Renaud, Global Head of M&A, HSBC says the Indian government's move to impose a retroactive capital gains tax on foreign acquisitions isn't good for mergers and acquisitions or for India.
Nick Bennenbroek, Head of Currency Strategy, Wells Fargo says the U.S. dollar could rise another 3-4%.
Forecasting tomorrow's markets, with Jeremy Lawson, BNP Paribas; Telly Zachariades, Valence Group; and Dean Zayed, Brookstone Capital Management.
Discussing whether weak market performance in May is an indicator for what's ahead, with Joshua Brown, Fusion Analytics; Dan Genter, RNC Genter Capital Management CEO & CIO; and CNBC's Amanda Drury.
Breaking down the catalysts for today's market selloff and where the bright spots are for investors, with Peter Costa, Empire Executions and Warren Meyers, DME Securities.
Get the best of CNBC in your inbox
Edwin Gutierrez, head of emerging market sovereign debt at Aberdeen Asset Management, says that despite weakness in the Mexican peso, there won't be a currency crisis in the South American nation.
Tightening sanctions on Russia will be on the top of the agenda for an EU leaders meeting on Thursday, CNBC's Hadley Gamble reports.
Russian President Vladimir Putin discusses the turbulence in the country's economy and says the central bank is doing the right thing, but could act a little faster.