"We continue to get strong economic releases out of the United States," said Richard Scalone, co-head of foreign exchange at TJM Brokerage in Chicago. Analysts said the weak German business sentiment underscored the impact of tensions surrounding Russia and Ukraine on Germany, Europe's biggest economy.» Read More
The central bank reported that it lost 4.2 billion Swiss francs ($4.0 billion) in the second quarter, partly from its bid to check the rise of the Swiss franc against the weakening euro.
When I said I thought equities would cool after the Fed decision, I didn’t think they would drop over 2.5% the next day! This is the problem with August and why I was worried about a return of a “Flash Crash” due to low liquidity. Volumes are smaller and movements more extreme in usually a range. This time of year makes everyone nervous.
The prehistoric monument of Stonehenge stands tall in the British countryside as one of the last remnants of the Neolithic Age. Recently it has also become the latest symbol of another era: the new fiscal austerity. The NYT reports.
Global youth unemployment has hit a record high following the financial crisis and is likely to get worse later this year, the International Labor Organization (ILO) said Thursday.
The flight to safety following the Fed's decision to extend quantitative easing saw the dollar make big gains against the euro and one strategist said the euro's rally may have peaked for now.
Cisco's warnings about an uncertain environment will likely pressure stocks Thursday and give investors even more reason to fear a weakening economy.
The Fed signaled a dimmer view of the economic recovery and reverted to extraordinary policy moves.
Spanish traffic cops angry over a pay cut and other slights are slapping wrists rather than writing tickets.
What the Fed will say in its Tuesday statement is at the heart of a debate among Wall Street's deeply-divided economists over what steps, if any, the central bank will take.
Find out why the Mad Money host called this stock a "clear buy."
With chatter suggesting that BlackBerry has avoided a ban in Saudi Arabia and potentially other Mideast nations, is the stock oversold?
The mid-summer rally is over and stocks will begin a downward leg before bottoming in October, as the world economy is in what looks like a Great Depression, Robin Griffiths, a technical strategist at Cazenove Capital, told CNBC Monday.
Get out of the G7 bond market excluding Canada ahead of next Tuesday's Federal Reserve meeting, Marc Ostwald, a strategist at Monument Securities, said.
Markets are bracing for a not-so-good July jobs report, which should show a continued sluggish recovery in private sector payrolls.
Only a few weeks ago, the dollar was powering towards its highest levels in four years, the beneficiary of widespread gloom about Europe’s debt crisis and rising optimism about the US recovery. Since then, investors have soured on the world’s largest economy. The FT reports.
The chief executives of two of the word's biggest gold producers said the fundamentals driving the price of bullion remain strong.
As the market speculates on whether the Federal Reserve will ease monetary policy at its meeting on Aug. 10, one analyst is predicting more losses for the dollar.
The American consumer is a major theme Thursday, as chain stores report their monthly sales.
The next few weeks could be critical for the US dollar, which has fallen lately after rallying earlier in the year. At stake could be not merely the currency trade but the direction of stocks and the stumbling economic recovery.
A report on the health of the service sector, and ADP's private sector jobs report are of big interest to markets that are already counting down to Friday's July employment report.