Martin Baccardax

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.

Recent Articles By The Author

Facebook Extends Gains, Bitcoin Tops $9,300, Amid Cryptocurrency Launch Reports

Facebook Extends Gains, Bitcoin Tops $9,300, Amid Cryptocurrency Launch Reports

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.

Dow Futures Higher as Investors Prep for Fed Meeting: Oil Dips, Dollar Gains

Dow Futures Higher as Investors Prep for Fed Meeting: Oil Dips, Dollar Gains

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 Says Safety to Trump Speed in 737 MAX Return, Seeing 'Steady Progress'

Boeing Says Safety to Trump Speed in 737 MAX Return, Seeing 'Steady Progress'

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 Tops DAX As €50 Billion 'Bad Bank' Report Snaps Losing Streak

Deutsche Bank Tops DAX As €50 Billion 'Bad Bank' Report Snaps Losing Streak

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.

Oil Posts Weekly Decline Even as Trump Says 'Iran Written All Over' Gulf Attacks

Oil Posts Weekly Decline Even as Trump Says 'Iran Written All Over' Gulf Attacks

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 Gains as Payment, Tech Firms Reportedly Back Upcoming Cryptocurrency

Facebook Gains as Payment, Tech Firms Reportedly Back Upcoming Cryptocurrency

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.

Retail Sales, Sentiment Data Clip June Rate Bets, But Fed Seen Cutting in July

Retail Sales, Sentiment Data Clip June Rate Bets, But Fed Seen Cutting in July

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 Slips on Reports US Trade Officials Deny Tariff Relief for Model 3 'Brain'

Tesla Slips on Reports US Trade Officials Deny Tariff Relief for Model 3 'Brain'

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 Slumps After Grim 2019 Outlook as Huawei Blacklist 'Reduces Visibility'

Broadcom Slumps After Grim 2019 Outlook as Huawei Blacklist 'Reduces Visibility'

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.

Dow Futures Slide; Weak China Data, Grim Chip Sector Outlook, Keep Bulls at Bay

Dow Futures Slide; Weak China Data, Grim Chip Sector Outlook, Keep Bulls at Bay

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.