Baccardax, a former bond salesman who spent 8 years on the trading floor in Toronto and London, has worked in and around the global financial markets for more than 25 years, covering companies from birth in the bond markets to death in the bankruptcy courts -- and all points in between.
Following television stints with CNBC Europe in London, where he served as on-air Economics editor co-anchor of the Closing Bell program, Baccardax was named London Bureau Chief in October 2016.
Global stocks edged higher Wednesday, with sentiment boosted by stronger-than-expected first quarter growth data from China, as trade talks with the United States inch closer towards a deal between the world's two biggest economies.
Global stocks traded mixed Tuesday as investors prepped for a series of potential risk events later in the week, as well as the start of the U.S. earnings season, amid questions over the fate of a U.S. China trade deal and the health of the world economy.
Tesla shares rise slightly Monday following on reports it has agreed to a deal with Fiat Chrysler that would count its clean-energy cars among the U.S.-Italian automaker's fleet in order to reduce its overall emissions output.
Boeing shares trade sharply lower Monday after the world's biggest planemaker says it will slow production of its flaghship 737 MAX aircraft following two fatal accidents that have raised serious concerns for the aircraft's safety.
General Electric shares fell the most in a month Monday after one of Wall Street's most influential analysts lowered his rating for the struggling industrial giant and cut the group's price target.
Global oil prices touched fresh 2019 highs Monday, lifting U.S. crude past $63 for the first time since early November, as investors bet that OPEC supply cuts, sanctions on Iran and Venezuela and escalating military tensions in Libya will continue to support markets.
Snap shares opened at the highest level in nearly eight months Monday as investors pile back into the instant messaging app service group's stock following a rebound in tech sector sentiment amid a surge in new listings.
Global stocks eased from multi-month highs Monday, putting Wall Street's longest winning streak in nearly two years at risk, as investors adopted a cautious stance heading into the U.S. earnings season and interpreted mixed statements on trade talks between Washington and Beijing.
Boeing acknowledged for the first time that its software system played a role in two recent deadly 737 MAX 8 accidents, while analysts and UBS lowered their price target on the world's biggest planemaker amid ongoing investigations into the aircraft's safety, setting shares up for another active trading session Friday.
President Donald Trump steps up his criticism of the Federal Reserve, insisting along with his top economic adviser that the central bank should cut interest rates just hours after March employment data showed little upward pressure on wages and stronger-than-expected job creation.
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