Greek companies and households pulled €7.6 billion from their accounts during the government's standoff with its creditors driving deposits down. The Financial Times reports.» Read More
Lingering concern over the sustainability of high Spanish borrowing costs may limit further gains in the oil market despite heightened tensions in the Middle East, according to CNBC's weekly survey of oil market sentiment.
Andrew Economos, MD & Head of Sovereign & Institutional Strategy Asia, JP Morgan Asset Management explains why he is bullish on the equity markets.
Anthony Scaramucci, Managing Partner at SkyBridge Capital believes the Europeans will mutualize their losses. He expects to see integration and fiscal unity in the euro zone in 2-3 years.
Laura Fitzsimmons, VP, Futures & Options at JPMorgan Investment Bank says markets will be watching data from the U.S. this week.
John Horner, FX Strategist at Deutsche Bank says the euro is heading to about 1.20 against the U.S. dollar but the strength in the greenback may not be sustainable, especially if the Fed embarks on quantitative easing.
Laura Fitzsimmons, VP, Futures & Options at JPMorgan Investment Bank says that Spain could lose capital market access in 1-2 months, if Moody's downgrades the nation's credit rating.
A bailout for Spain may be "only a matter of time," this strategist says, and that's bad news for the euro.
Discussing the major catalysts weighing on the stock market, with Alan Valdes, DME Securities, and David Darst, Morgan Stanley Smith Barney.
Discussing the state of the global markets and where investors can find profits now, with Ken Kamen, Mercadien Asset Management, and Andre Julian, Trade Aviator, share their opinions.
Stocks are sliding as the crisis in Europe deepens, and the looming fiscal cliff weighs on investors' minds. Katie Nixon of Northern Trust, offers insight.
The flaws in the rate-setting process have been exposed by the latest banking scandal. Regulators around the world are investigating whether big banks gamed the rates for their own benefit before and after the financial crisis, the New York Times reports.
CNBC's Michelle Caruso-Cabrera reports the latest details on an EU agreement to bailout Spanish banks, while shutting down some small unsustainable financial institutions.
Aid to Spain leaves the euro in pain and commodity prices lift the loonie - it's time for your Friday FX Fix.
CNBC's Kelly Evans reports European markets are trading lower, despite hopes of further quantitative easing from the Fed and a slew of strong earnings.
French residents with assets valued above 4 million euros ($4.9 million) will pay more than double what they had expected in wealth taxes this year, after the country’s parliament voted through an emergency measure to raise €2.3bn for the cash-strapped government, the Financial Times reports.
The world is facing a new food crisis as the worst US drought in more than 50 years pushes agricultural commodity prices to record highs.
Don't look now, but the Swedish krona is on a bit of a tear.
As European governments pass key measures, the crisis only worsens, the Global Post reports.
In a shift from last summer's debt-ceiling standoff, tea party conservatives now aim to be seen as avoiding a government shutdown, even if it means accepting a higher level of FY 2013 spending, the Christian Science Monitor reports.
Earnings season continues with Google beating, Microsoft topping and Chipotle missing. Kayak prices its IPO above expectations at $26 and new Yahoo CEO Marissa Mayer will be well compensated.
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Online trading company ETX is set to buy the entire client list of foreign exchange broker, Alpari. Joe Rundle, head of trading at ETX Capital, discusses further.
India's stocks and currency have performed strongly recently thanks, in part, to new business-friendly policies. Ashish Chauhan, Managing Director and CEO of the Bombay Stock Exchange, discusses how this has reflected in stock listings.
European equities closed sharply lower on Thursday following a selloff in the U.S. Wednesday and a lackluster lead from Asia.