The foreign exchange team at Bank of New York Mellon has spent a lot of time this year asking if 2011 is a replay of 2008 or 2010.
As the end of the second round of quantitative easing approaches, one analyst tells CNBC that even though the Fed’s purchase of $600 billion worth of bonds is nearing its conclusion, the period of easy money still has some way to go.
While its stock exchange was a shining performer last year, Turkey is now facing the reality of an unorthodox monetary policy that is failing to gain traction. It comes ahead of an important election on June 12, and raises some serious concerns among foreign investors as to whether the world’s 17th biggest economy is overheating.
European stocks were expected to open lower on Monday after falling to their sharpest weekly loss in two and a half months on Friday in response to weak US jobs data.
Europe has not yet had its financial crisis while America is still recovering from its crisis in 2008 according to Jim McCaughan, the CEO of Principal Global Investors.
Whether we like it or not, whether we're the German or French tax payer who has to foot the bill or the Greek, Spanish or Irish citizen who feels the pain of austerity in his or her respective purse – there is no choice!
Portugal goes to the polls on Sunday looking to elect a government that will lead them through an austerity package mandated by the European Union and International Monetary fund; but whoever wins will need to defy the electorate and introduce unpopular policies.
Following Moody’s decision fire a shot across the bows of talks over raising the US debt ceiling a key option facing Vice President’s working committee on the debt ceiling has been removed according to Jeremy Batstone-Carr, the director of private client research at Charles Stanley in London.
Markets are heading back to the "bad old days of 2010", with investors trading off headlines, rather than fundamentals and correlations between asset classes strengthening, according to research by ConvergEx.
Tobacco companies have long been the defensive stock of choice for investors, offering strong dividends and generating large amounts of cash. But as austerity packages bite and household budgets are squeezed, some analysts have questioned the continued health of the sector.
European stocks were expected to open mixed on Friday after hitting a one-week closing low on Thursday amid fresh concerns over the pace of the US recovery..
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European stocks were expected to open sharply lower on Thursday after tumbling on Wednesday in response to US data showing a slowdown in manufacturing activity in May and a lower than expected increase in private sector jobs.
One fund manager calls it a horror show, others are predicting the Federal Reserve will have to extend its unconventional measures and stocks across the world are falling heavily.
Past voluntary debt reprofilings in Latin America have worked to varying degrees, but "soft" restructuring is not going to solve Greece's debt problems, according to Stuart Culverhouse, chief economist of frontier markets specialist Exotix
The state of emergency in Bahrain, a business hub scrambling to salvage its business-friendly brand, has now been lifted.
The eurozone, as designed, has failed. It was based on a set of principles that have proved unworkable at the first contact with a financial and fiscal crisis, according to the FT.
Buying defensives that make cash and hand money back to shareholders via buybacks and dividends is a popular strategy at the moment, as macro headwinds keep the bulls at bay.
Since Europe’s debt crisis became acute last year, the European Central Bank has gone beyond its role as arbiter of monetary policy to become in effect the adult supervision for quarreling heads of government.
The complexity of European politics should prevent any reprofiling of Greek debt this year, according to a political analyst, but markets are still waiting for any sign of a prospective default.