LONDON, Aug 27- The euro edged off its lowest point in almost a year on Wednesday as Germany's finance minister played down speculation over more European Central Bank monetary policy easing in the coming months.» Read More
Investors are playing the markets carefully during these volatile conditions but stocks will resume their way up once the wave of international bad news subsides, Robert Doll, BlackRock vice chairman, told CNBC Wednesday.
The euro is set to plummet toward its lowest level since the single currency appeared on traders' screens back in 1999, Mark Sturdy, director at Seven Days Ahead, told CNBC Wednesday.
As the rest of the world speculates which bank/country/continent will require another bailout, Canada serves as a “shining” example on how to escape the debt spiral, Jim O’Neill, chief economist at Goldman Sachs, told CNBC on Tuesday.
Just how much the US economy will expand this year and next remains a question among economists—with the wild card being the impact of European turmoil on US growth.
The economic problems in Europe have will have little effect on the United States, said Alan "Ace" Greenberg, former CEO and chairman of the board of Bear Stearns.
The dollar’s strength – or better said, the Euro’s weakness – has been so precipitous that it could jeopardize the ability of the U.S. to improve its own trade deficit.
It is noteworthy that the BP oil explosion occurred on April 20. Three days later, on April 23, the market peaked. Is this is a coincidence? Or is Mr. Market telling us something that we do not yet fathom?
The developing theme is that China and others are experiencing slower growth due to the slowdown in Europe. With that theme, there are articles circulating about the drop in commodity prices signaling a global slowdown.
The European Central Bank may have shocked the markets with its prediction that bank losses are likely to increase in the near-term, but other economists believe the worst is behind us, and that governments have the power to force banks to lend.
The euro will drop even further against the dollar because Europe's problems will not be easy to solve, Dennis Gartman, author of "the Gartman Letter," told CNBC Tuesday.
If the European Central Bank has one monetary dragon it considers essential to slay, it is inflation.
Latvia was one of the first European countries to introduce austerity measures almost two years ago as a condition of tapping the International Monetary Fund for emergency funding.
Wall Street may finally shift its focus back to the U.S. economy, after weeks of zeroing in on problems in the euro zone. The big report of the week? Friday's May employment number, which could be a game-changer.
The euro fell sharply against the U.S. dollar Friday after Fitch downgraded Spain's credit rating. Which way will it go next? Boris Schlossberg, director of currency research at GFT Forex, discussed his outlook.
The eurozone’s 440 billion euro debt guarantee scheme is tantamount to the adoption of a Nato-style mutual defence clause and marks an “unprecedented” change to the bloc’s treaties, according to France’s Europe minister.
The remedies being floated to fix Europe range from the mild to the extreme—it could be either a healthy dose of government intervention or surgery, so to speak, getting rid of some of the weaker euro-zone countries.
I thought I understood how dire things were in Europe. Then I saw it explained by Clarke and Dawe. Troubling.
The euro is facing an identity crisis with Germany in the driver’s seat, Jan Randolph from IHS Global told CNBC Thursday.
The pressure on governments to fund bailouts and spend to reinvigorate their economies has led to a sharp increase in the issuance of sovereign debt.
Actually, there are some related plays that might work even better.