Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.» Read More
Fears of a "currency war," in which countries devalue their currencies to gain a trade advantage, dominated headlines last week ahead of the weekend meetings in South Korea of the finance ministers from the 20 leading economies that make up the Group of 20 (G-20).
A decaf latte with skim milk and artificial sweetener is called, in some places, a why bother. No caffeine, no fat, no sugar—why bother? It would be too much to say the meeting of the G20 finance ministers this past weekend was a complete why bother, but, in my eyes, close to it.
The currency wars that are dominating the attention of the world’s central bankers are also playing out in the niche world of luxury goods.
The dollar may be set to rise as currency wars bring more controls on flows of capital and a rise in protectionism, David Bloom, currency strategist at HSBC, told CNBC.
Investing in health-care stocks that occupy a niche position in a growing market is a solid bet, Vadim Alexandre, health-care analyst at Daniel Stewart told CNBC on Friday.
Fast-growing nations like Thailand are trying to devalue their exchange rates to bolster their export-driven economies, reports the New York Times.
Info in the Beige Book, released later today, could be the key catalyst behind the market's next big move!
The S&P 500 is set to decline over the next two weeks and could fall below 1,109 points, Carol Harmer, director of Charmer Charts, told CNBC Wednesday.
The problems banks have with mortgages will take a long time to be solved and bank stocks are not attractive despite the recent drop in price following fears over problems with foreclosures, famous investor Jim Rogers told CNBC Wednesday.
Despite the euro zone's recovery still looking very fragile, the central bank's key playmakers seem determined to talk about pushing policy back onto a more "normal" footing.
As the government of Prime Minster George Papandreou struggles to get the nation’s financial house in order — reducing the size of its bloated civil service, chasing after tax evaders and overhauling its pension system — it has also begun to tackle a much less talked about problem: the cozy system of “closed professions” that has existed here for decades, costing the economy billions of dollars a year.
The scale of the swings in the currency markets is "unprecedented," looking at how quickly the dollar has declined in the last month, Derek Halpenny, European Head of Global Currency Research Bank of Tokyo-Mitsubishi UFJ, told CNBC Thursday.
The two men worked out how the computerized system would react to certain trading patterns – allowing them to influence the price of low-volume stocks. The FT reports.
A combination of better data than expected, China’s pledge to buy the country’s bonds and hopes that international bail-out loans will be extended have boosted investor sentiment. The Financial Times reports.
Ireland has opened the door to a renegotiation with senior bondholders of its two nationalized banks despite previously opposing any such move. The FT reports.
The internet giant is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation. The Financial Times reports.
A small rise in inflation may trigger a correction for the bond market, as too many investors have piled in, Roman Scott, managing director at Calamander Capital, told CNBC Monday.
This year’s rescue plans for Greece and the euro zone were driven partly by rising US anxiety about the risks to global financial stability stemming from Europe’s slowness to take action. The FT reports.
Investors in euro zone bond markets stand accused of letting “animal spirits” affect their judgment on the risk of a European debt default. The FT reports.
Despite mounting public protests across the Continent, an austerity drive unparalleled in modern, united Europe is building, reports the New York Times.