The dollar held below a 10-month peak having soared on upbeat growth data only to have a dovish Federal Reserve take some steam out of the rally.» Read More
In this new segment, one of the market's top traders gives us the country where the fastest money in the world is moving next.
The Fast Money traders unveil their contrarian investment theses for the new year.
There’s a way, just a question of the will: There are a couple of early articles out broaching the topic of whether firms will begin hiring.
Stocks cross into 2011 with a positive tilt, but the December jobs report and other data will put investor faith in the recovery to the test in the very first week of the year.
The dollar is closing out December near its lows for the month, but odds are good that it will see a rebound in January.
Federal Reserve Chairman Ben Bernanke may resign in late 2011 as deflation continues to dash hopes of strong economic growth in the U.S. economy, Jim Walker, founder and CEO of Asianomics, told CNBC Friday.
If any place in the world epitomises the David and Goliath battle that is upending the global beer industry it is Belgium, home to both the world’s largest brewer, Anheuser-Busch InBev, and arguably the famous small-scale “craft” beers, the trappist ales made and distributed by monks, reports the Financial Times.
Prime Minister David Cameron has pledged to prioritize jobs and economic growth in 2011, but his New Year's message warns of tough times ahead with harsh budget cuts needed to tackle Britain's massive deficit.
On Saturday, Estonia completes its trip from Soviet republic to full-fledged member of the euro zone, reports the New York Times.
There is no U.S. economic data to sway markets Friday, but there will be plenty to look forward to next week, when the December employment report caps a heavy week of important numbers.
Northern Ireland's government is holding an emergency meeting Thursday to address the country's water crisis as tens of thousands of people remained without water for a ninth day.
January in the northern hemisphere is usually the coldest month of the year and it might prove to be a bitter one for euro zone governments trying to raise money in the capital markets, reports the Financial Times.
With much of Europe mired in a debt crisis and hamstrung by austerity budgets, one would think that European Union leaders are busy examining their economic models, looking for ways to promote growth amid tougher global competition. The New York Times reports.
Eurozone end-of-year financial market tensions have been highlighted by the European Central Bank’s failure to reabsorb funds it has spent on buying government bonds to combat the region’s debt crisis, reports the Financial Times.
The European banking sector does not need another round of stress tests because the exposure of large banks to sovereign debt is already public, Société Générale Chairman and CEO Frédéric Oudéa told CNBC Tuesday.
The bond market tomorrow will be the one to watch, after interest rates spiked Tuesday following a sloppy Treasury auction.
Critics once proclaimed that the euro was doomed to struggle. Different countries would pursue such different economic policies, they argued, that it would ultimately place an unbearable strain on the currency and some of its members. Today, many of those predictions are coming true, the New York Times reports.
The European Central Bank increased its intervention in government bond markets last week, indicating that the euro’s monetary guardian remained wary of an escalation of the eurozone debt crisis, reports the Financial Times.
There is a risk of another recession next year, protectionism could cause major problems in 2011 and recent stock market strength could be curtailed, Roger Nightingale, strategist at Pointon York, told CNBC Monday.
Even as they ring in the holidays, traders are looking ahead to January and wondering if—and when—stocks will give back some of their bullish December advance.