Clive McDonnell, Head of Equity Strategy at Standard Chartered Bank explains why he thinks global markets concern over the Fed's tapering is unwarranted.
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More uncertainty remains for the euro. "Looking into the fourth quarter, there is significant downward pressure," says Jens Nordvig, global head of G-10 currency strategy at Nomura Holdings . "We could be testing the lows from 2010."
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The world’s developed economies are trapped at the “stall speed” of low growth and need to have greater fiscal stimulus and less austerity to kick-start growth, leading economist Nouriel Roubini told CNBC Friday.
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On July 21, EU leaders agreed to a second bailout for Greece, one that was supposed to draw a line under the euro zone debt crisis and give the new government in Athens a chance come to grips with the huge debts it inherited when it was elected. One month later, and the situation appears to be...
The economy is in big trouble, and the world’s central banks may be running out of ways of turning it around, according to Carl Weinberg, chief economist at High Frequency Economics.
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Fundamentals for both currencies are in question. Discussing which trade is the better play, with Mike Moran, Standard Chartered Bank; also, the Fast Money traders with today's trades to make.
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"When the problems arise *next time, what are (US officials) going to do?," the investor told CNBC. " They can’t quadruple the debt again. They cannot print that much more money. It’s gonna be worse the next time around."
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If the monetary policy committee of the Bank of England were paid a performance bonus, its members would deserve nothing. The UK’s inflation outcome has been far from target over a long period. So should the MPC raise rates now to make up for its past failures? No. But its position is becoming...
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