The dollar wallowed at three-week lows against a basket of major currencies early on Thursday, following weak U.S growth data for the first quarter.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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China's economy may have grown by 9.3 percent in the third quarter from a year earlier and consumer inflation will gradually fall to 4.6 percent in December, according to a Tsinghua University report whose results were published on Monday.
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China's economy may have grown by 9.3 percent in the third quarter from a year earlier and consumer inflation will gradually fall to 4.6 percent in December, according to a Tsinghua University report whose results were published on Monday.
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Singapore's third-quarter GDP expanded a better-than-expected 1.3 percent on a quarter-on-quarter seasonally adjusted annualized basis, which means the economy avoided a recession after contracting in the second quarter.
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Rahul Bajoria, Regional Economist, Barclays Capital at Barclays Capital, and Jonathan Cavenagh, Currency Strategist at Westpac Bank, Australia (Sydney) discuss their outlook for the Thai economy and Baht.
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French economic growth ground to a halt in the second quarter of 2011, raising pressure on President Nicolas Sarkozy to cut spending and abolish tax breaks ahead of elections as he tries to convince nervous financial markets that he will deliver on debt reduction targets.
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In the very unlikely event that the United States defaults on its debt obligations, the country's economy would contract by 5 percent and stocks would fall by nearly a third, according to Credit Suisse.
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The yen and Swiss franc held most of their recent hefty gains in Asia on Wednesday, having outperformed after Moody's cut Ireland's credit rating to junk status, fuelling jitters about the euro zone sovereign debt crisis.
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Breaking down the latest economic data, with John Lonski, Moody's chief economist; Larry Levin, Tradingadvantage.com; Gordon Bethune, former Continental Airlines chairman/ CEO, and CNBC's Rick Santelli.
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The euro rose against the dollar on Friday after strong growth data in France and Germany bolstered speculation that a healthy euro zone economy would keep interest rates in the region higher than U.S. ones.
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