Euro exit talk risks self-fulfilling prophecy
July 23 2012 9:22 AM EDT
To understand the impact of a potential Greek exit from the euro zone, imagine an operating theater inside a betting shop.
Spanish bailout talk sends euro, world shares lower
July 23 2012 9:19 AM EDT
The euro hit its lowest level in over two years and world shares fell sharply on Monday after reports that Spain's indebted regions needed help fueled fears that the country will become the fourth euro zone member to ask for a major bailout.
Euro struggles on mounting Spanish and Greece concerns
July 23 2012 9:17 AM EDT
The euro slid to a two-year low against the dollar and a near 12-year trough against the yen on Monday on concerns Spain will have to seek a full sovereign bailout.
Wall St sent to slide on Spain, Greece fears
July 23 2012 9:14 AM EDT
Wall Street was set to track global equity markets sharply lower on Monday as Spain appeared closer to needing a sovereign bailout and fears grew that Greece may be approaching an exit from the euro zone.
Hong Kong shares slide as HSBC sinks, Shanghai at 40-month low
July 23 2012 9:12 AM EDT
Hong Kong shares suffered their worst day in more than two months on Monday, led by a 5 percent slump in Europe's largest bank HSBC Holdings, on growing worries about Spain's ability to stave off a sovereign bailout.
GOLD: Broader Bias Remains Lower Below Falling Trendline
July 23 2012 2:36 AM EDT
While GOLD continues to hold below its medium term trendline and its daily 200 ema, our broader outlook remains to the downside. This will leave risk towards the 1,527.05 level where a breach will resume its broader medium term weakness and then pave the way for further declines towards the 1,500.00 level.
Upbeat earnings buoy shares; commodities rally
July 19 2012 4:35 PM EDT
Global shares climbed to two-week highs on Thursday as strong corporate earnings offset weak U.S. economic data but concerns about Spain's financial troubles drove the euro broadly lower.
Oil jumps on Middle East worries, economic hopes
July 19 2012 3:47 PM EDT
Oil prices rose a seventh straight session on Thursday, reaching an eight-week high as Middle East tensions reinforced concern about potential supply disruptions while strong corporate earnings lifted equities and investor optimism.
European shares hit 4-mth high on earnings beats
July 19 2012 3:45 PM EDT
European shares climbed to a four-month high on Thursday as another string of estimate-beating corporate results surprised investors who had braced for a weak show.
Why Is Gold Safe To Invest In Despite Market Pressures?
July 19 2012 3:34 PM EDT
Gold continues to fare better than other asset classes in spite of a downward pressure on prices.
Euro zone, growth worries boost safe haven assets
July 18 2012 9:43 AM EDT
U.S. bond prices rose and Germany sold debt with a negative yield for the first time on Wednesday as investors uneasy about a bleak economic outlook from the Federal Reserve and the intractable euro zone crisis turned to safe haven assets.
Global wealth industry profits squeezed as costs rise
July 18 2012 9:42 AM EDT
The global wealth management industry that invests money for the world's elite is suffering a profits squeeze, paying $8 to generate every $10 of income as it grapples with ever more burdensome and expensive regulations.
Oil falls on Fed's gloomy economy outlook
July 18 2012 9:41 AM EDT
Brent crude was little changed on Wednesday, with bloodshed in Syria highlighting worries about supply from the Middle East, offsetting worries about the state of the global economy.
European shares edge up as earnings beat estimates
July 18 2012 9:39 AM EDT
European shares edged up on Wednesday, helped by estimate-beating corporate results, and extended a sideways move that was trapping the market as investors awaited greater clarity on the extent of the economic slowdown and the policy response to it.
Hong Kong shares break 3-day gain, home price data subdues China
July 18 2012 9:38 AM EDT
Hong Kong shares suffered a first loss in four days on Wednesday after data suggesting more stable home prices in China doused expectations of policy easing and spurred profit taking in the Chinese property sector.
Global shares, euro edge higher ahead of Fed's Bernanke
July 17 2012 8:43 AM EDT
Global shares and the euro edged up on Tuesday as investors speculated that Federal Reserve Chairman Ben Bernanke would hint at more monetary stimulus later in the day.
Oil rises to $104 on Fed stimulus hopes
July 17 2012 8:42 AM EDT
Brent crude oil rose above $104 a barrel on Tuesday ahead of a speech by U.S. Federal Reserve Chairman Ben Bernanke that could signal more measures to stimulate economic growth.
China needs investment to lift economy: Xinhua
July 17 2012 8:39 AM EDT
China needs investment to bolster flagging economic growth but spending must be adjusted to avoid waste, state-run Xinhua said on Tuesday, citing comments from a parliamentary meeting that signaled Beijing's intent to raise spending to lift activity.
European shares edge lower awaiting Fed clues
July 17 2012 8:38 AM EDT
European equities trod water on Tuesday as investors awaited testimoney from Fed chief Ben Bernanke they hope will point to further stock-boosting monetary stimulus as waning global growth weighs on the outlook for company earnings.
Hong Kong shares outshine Asia, China recovers from 6-month low
July 17 2012 8:37 AM EDT
Hong Kong shares produced their best day in more than two weeks on Tuesday, outperforming Asian peers with local property developers, Chinese insurers and railway sectors strong on anticipation of more policy support.