The dollar held gains versus the yen and the euro was firm after rebounding from an eight-month low on promising U.S. and eurozone economies.» Read More
Stocks slumped after opening higher as the dollar rose, but trading was light at the start of a holiday week. AmEx and Boeing sank, while BofA rose.
Apple will buy Facebook, Congress will block a third round of quantitative easing and the S&P will reach a new all-time high. These are just some of the outrageous predictions for 2011 put forward by Saxo Bank in its annual "Black Swan Exercise."
U.S. stock index futures rose ahead of the open Monday, but trading was light at the beginning of the week before Christmas.
Why has Britain managed to boldly go into fiscal territory which the US has hitherto ducked? That is the $800 billion question hanging in the air in New York this weekend, after George Osborne, chancellor, visited the city. The FT reports.
European shares were set to dip on Monday, with investors' nerves rattled by possible escalating tensions in North Korea.
German Chancellor Angela Merkel said on Friday that Europe will do everything to secure the stability of the euro, which has come under pressure in the euro zone debt crisis.
European shares are expected to open flat Friday, though concerns about the euro zone debt crisis linger and could weigh on markets.
European shares were set to open flat to slightly lower Thursday, continuing to pause from strong gains earlier in the week.
Asia’s clean bill of health presents two major opportunities. The first is to re-ignite the drive towards closer economic cooperation that has been stalled since the late 1990s Asian Financial Crisis.
Bond vigilantes will target Portugal and force the country to seek a bailout within a month, but Spain will not need to turn to its European peers for help, Piers Curran, head of trading at Amplify trading told CNBC on Wednesday.
European stocks were indicated to open lower after Moody's put Spain's credit rating on review for a possible downgrade, on worries over the country's debt and funding needs for next year.
The risks of debt deflation and disorderly sovereign and private-sector defaults are rising because policymakers are pressing ahead with spending cuts and raising taxes before seeing strong signs of an economic recovery, economist Nouriel Roubini wrote in a commentary piece for Project Syndicate.
Standard & Poor's has warned that Belgium may have its credit rating downgraded within six months in light of the country's ongoing political deadlock.
European investors were set to take a wait-and-see approach to start Tuesday, with indications of little change to major markets at the opening bell.
China’s inflation is soaring, Democrats in Congress are likely to pass the tax cut extension and spending bill, the FOMC meets this week, European Union leaders will also meet this week and what has everyone so bullish? Here's what you need to know for this week.
Europe was nowhere near ready for the euro when it was introduced in 1999 and the sovereign debt crisis has proven critics of a one-size-fits-all monetary policy right, London mayor Boris Johson wrote in an opinion piece for UK newspaper The Daily Telegraph on Monday.
Perhaps there’s a lesson to be learned from the Germans whose economy has bounced back from the recession quicker that the US’s and who have a workforce that is, largely, working.
European shares looked set to extend their winning streak to a fifth session Friday as investor sentiment got a boost from positive economic data from the U.S.
European stocks looked set to continue the strong performance of the previous session at the open Thursday as commodities regained strength and boosted the major indexes.
Will the euro zone survive in its current form? Martin Wolf addresses this question by considering three more issues in the Financial Times.