Turkey is largely dependent on imports for its growing energy needs and relies heavily on tourism as well as investment flows to stock and bond markets to help fund its current account deficit, which stood at over $32 billion in 2015, or about 4.5 percent of GDP. "If uncertainty persists, it will likely induce capital flight out of Turkey." Erdogan is a polarizing... » Read More
The European Central Bank's president is in the hot seat and things are looking up down under — it's time for your FX Fix.
British output falls and kiwis drop — it's time for your FX Fix.
Australia’s Deputy Prime Minister and Treasurer Wayne Swan has denied that Australia’s economy is at risk of a Spain-like economic crisis, calling the thesis put forth by the former chief Asia-Pacific economist for Morgan Stanley, Andy Xie “absurd”.
Demetrios Marantis , Deputy US Trade Representative says that negotiators are making good progress with the Trans-Pacific Partnership talks.
As investors become increasingly uneasy about the second-quarter earnings period, expectations for more action from the Fed are on the rise. But with record low rates and the weak global economy, analysts are anticipating a disappointing season all around.
The impact of Europe's debt crisis on US companies is about to come out in the wash as second-quarter earnings season kicks off with Alcoa on Monday. Plus, China economic data.
Heated debate over the impact of liquefied natural gas exports on domestic prices is threatening to derail them at a crucial time for the U.S. industry.
Sources say UBS is sitting on losses as high as $350 million from the technical difficulties on Facebook's first day of trading. UBS is considering a lawsuit against Nasdaq, reports CNBC's Maria Bartiromo.
Ditto Trade founder and CEO Joe Fox, just unveiled a new app that lets users trade stocks like the professionals by using a social platform.
Seeking companies trading below their 200-day moving average with dividend yields higher than the S&P average (2.11%) and that have revenue growth above 20% in the last year. With Laton Spahr, Columbia Management Investment Advisers, and CNBC's Brian Shactman.
The Reserve Bank of Australia (RBA) is widely expected to lower interest rates by 25 basis points to 3.50 percent at its next meeting Tuesday, however, slowing housing and retail sectors could push the central bank into a more aggressive rate cutting cycle with the market expecting up to 165 basis points in cuts over the year.
CNBC's Eamon Javers discusses the latest action in the financial sector, reporting loan balances declined by $56.3 billion. Jeff Kilburg, Kilburg Capital, weighs in.
Germany bolsters the euro and investment in China slips - it's time for your FX Fix.
The situation in the euro zone has become so bleak that it is giving rise to rumors the euro will be tied to the dollar at close to parity, a dramatic fall, which would have severe implications for the US and China. The Financial Times reports.
Jobless claims edged lower last week, government data showed on Thursday, reports CNBC's Rick Santelli & Steve Liesman.
Australia is headed for the “mother of all hard landings,” according to Société Générale strategist Albert Edwards, who says the country’s “credit bubble” could burst if China’s economy suffers a sharp slowdown.
Europe's elections cast a long shadow and Iran takes yuan - it's time for your FX Fix.
Discussing the state of the U.S. economy and the catalysts that could drive the equity market higher, with Abby Joseph Cohen, Goldman Sachs.
CNBC's Steve Liesman offers insight on unemployment data and which economic indicator best gauges the health of the U.S. economy. Ken Sena, Evercore Partners analyst, also shares his expectations for LinkedIn ahead of its earnings report this afternoon.
The Australian dollar carry trade, popular among investors to cash in on the interest rate differential between countries, is losing its appeal following the Reserve Bank of Australia’s (RBA) interest rate cut, say forex strategists, who expect further policy easing by the central bank this year.