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.
Facebook shares extended gains in premarket trading Monday, while Bitcoin prices traded firmly past the $9,000 level, as investors prepped for tomorrow's 'white paper' from the social media group outlining its plans for a platform cryptocurrency.
U.S. equity futures edged higher Monday, while the dollar held at a near two-week high against it global currency peers, as investors adopted a cautious stance on risk heading into this week's Federal Reserve meeting while closely monitoring military developments in the Gulf region.
Boeing executives struck an apologetic tone over two deadly crashes of its flagship 737 MAX heading into the start of the Paris Air Show Monday, and insisted that its safe return to action was more important than establishing a speedy timetable.
Deutsche Bank surged to the top of the German market Monday, helping financial sector shares pace gains around the region, following multiple reports that the troubled lender is ready to create a "bad bank" to house underperforming assets.
Global oil prices declined this week, even as tensions in the Gulf region threatened to disrupt supplies and President Donald Trump blamed Iran for a series of attacks on tankers in one of the world's busiest shipping lanes.
Facebook is the lone FAANG stock in positive territory at the start of trading Friday following a report that more than a dozen companies were ready to back its upcoming digital currency.
The Federal Reserve is likely to keep its key interest rate unchanged next week, futures traders indicated Friday, even as two key gauges of consumer activity highlighted waning confidence in the world's largest economy.
Tesla shares slipped lower Friday amid reports that U.S. officials denied its request for tariff relief on the autopilot 'brain' of its flagship Model 3 sedan.
Broadcom shares traded sharply lower Friday after the chipmaker warned that a prolonged U.S.-China trade war, and the extended blacklisting of Huawei Technologies, would disrupt global chip demand.
Global stocks retreated Friday, pulling Wall Street futures into the red and setting off a rally in government bonds, as investors reacted to weaker-than-expected factory data in China, escalating tensions in the Gulf region and a dismal sector outlook from one of he world's biggest chipmakers.
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