CNBC Anchors and Reporters

Patrick Allen

Patrick Allen
VP, International Managing Editor


  • piggy-bank-lying-on-side_200.jpg

    European Central Bank President Mario Draghi has said he will do “whatever it takes” to defend the euro and Ben Bernanke’s Federal Reserve has gone to infinity and beyond in an attempt to revive the U.S. economy, but a growing number of market watchers are beginning to doubt unconventional monetary policy will actually work.

  • bear_growl_200.jpg

    Bob Janjuah, the bearish contributing strategist at Nomura in London has long predicted the S&P 500 will head towards 800, a level not seen since the aftermath of the collapse of Lehman Brothers. With the S&P 500 closing on Monday at 1,456, Janjuah has been forced to review his timing.

  • Spain Economic Crisis

    Thursday was a big day for the euro. European Central Bank (ECB) president Mario Draghi unveiled a plan that could see the central bank buying up unlimited amounts of bonds in a move he believes makes the euro irreversible and will draw a line under the euro zone debt crisis. Markets reacted positively to the news, but as always with the euro zone debt crisis, there is a snag.

  • Global markets are at an inflection point and the focus is about to shift from crisis in the euro zone to a crisis in the United States according to David Bloom, the global head foreign exchange strategy at HSBC.

  • President Obama will hold onto the White House if the S&P 500 remains above 1,200 until Americans go to the polls according to Paul Dales, the senior U.S. economist at Capital Economics.

  • Another day, and another EU official talks up the future of the euro zone and its besieged currency. On Monday EU Monetary Affairs Commissioner Olli Rehn used a speech to lawmakers to outline his vision for a monetary union 2.0. Outlining plans to put the supervision of the European banking system in the hands of the European Central Bank, Rehn said even Europe’s smaller banks needed to be monitored by officials in Frankfurt.

  • Following weeks of low volumes, slow news flow and steady gains for equity markets investors are braced for some big events in September which could make or break investor returns for 2012.

  • A lion, with 22,000 followers on twitter, is reportedly on the loose in the county of Essex to the east of London. With police marksmen and helicopters hunting for the large cat in the Clacton area of Essex, local residents have been warned to stay inside until the animal is caught.

  • Investors across the world are awaiting further news on whether the European Central Bank and the Federal Reserve will decide to turn the quantitative easing taps on and begin buying bonds aggressively in a bid to kick-start ailing growth in Europe and the United States.

  • Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    This year hasn’t been a very good one for U.K. Chancellor George Osborne.