LONDON, Dec 9- The euro rose to a near six-week high against the dollar and close to a five-year peak versus the yen on Monday, after strong U.S. payrolls data and Chinese trade figures bolstered risk appetite.» Read More
Speculators have begun to zero in on another small member of Europe’s troubled monetary zone, the New York Times reported, highlighting the same economic flaw that brought Greece to the verge of insolvency.
Google slid lower in extended trade Thursday, despite earnings that topped expectations. What happened?
Kerry Killinger, former head of the failed Washington Mutual, appeared before Congress the other day and "accept(ed) responsibility for our performance and (was) deeply saddened by what happened." And then blamed everyone and everything under the sun for the largest bank failure ever.
If the euro can't go ahead, it will go backwards, the famous financier said. "It's important to understand that if you don't make the next steps forward for the euro, the euro will go to pieces and the European Union too," Soros added.
Greece easily sold a bunch of short term bills Tuesday morning with demand far exceeding the supply. An originally planned sale of 1.2 billion Euros in 6 and 12 month bills was expanded to 1.56 billion Euros. The yields were so high, however, as to be painful.
The Dow Transport Index is set for a rally toward 4,750, a move that indicates a rise for stocks across the board, Roelof van den Akker, technical analyst at ING Commercial Banking said Wednesday.
The legendary investor who forced the pound out of the Exchange Rate Mechanism in 1992 believes that the rescue package is only "a little step" that may not stop Athens falling into a "debt spiral".
Big brother and big sister came to the rescue—sort of—and said they would throw in 60 billion of Euros—maybe—if Greece needed it. If they need it?
The U.S. dollar's strength appears to be waning as the focus turns from Europe's debt worries to China's possible appreciation of its currency, Chris Zwermann, global strategist and technical analyst at Zwermann Financial said Tuesday.
Over the weekend, the EU and IMF announced a support package for Greece that appeared initially to mollify German constitutional concerns.
The next 24 hours will be critical for Greece and its economy. After news over the weekend that the euro zone put together a rescue package, Athens will now test the markets reaction.
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In an exclusive to CNBC.com, Fast Money Trader Brian Kelly says "China's lending practices have been compared to the US during the 2000's and without the automatic stabilizers of the free market it is likely that tremendous imbalances exist. In the word's of Warren Buffet...when the tide goes out we see who has been swimming naked."
An aid package for Greece could come as early as this weekend, as the Balkan country is in danger of running out of cash, analysts at UBS wrote in a research note Friday.
Attempts to rescue Greece are simply making matters worse and the quicker the crisis comes, the better for the world.
The S&P stalled on Thursday leaving investors desperate for a market ‘tell’. How should you interpret the latest - and almost conflicting - new data?
Renewed worries about Greece sent the S&P lower and gold higher. Is the precious metal about to break out?
Growing soverign debt speculation has renewed anxiousness about Greece's financial footing as borrowing costs sharply increase.
I laughed out loud this morning when I read that Greece is going to market itself as an "emerging market" when it tries to sell a multi-billion dollar bond in the U.S. because Europeans won't buy up any more of their desperation.
The Greek 'bailout' is flawed. Beyond the typical political hostility, the structure of the plan has three weak links.