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

GlaxoSmithKline Makes $5.1 Billion Play for Cancer Drug Specialist Tesaro

GlaxoSmithKline Makes $5.1 Billion Play for Cancer Drug Specialist Tesaro

GlaxoSmithKline said Monday that it's agreed to buy ovarian cancer drug specialists Tesaro for around $5.1 billion.

Oil Surges on US-China Trade Truce, OPEC Cut Speculation, Alberta Output Pledge

Oil Surges on US-China Trade Truce, OPEC Cut Speculation, Alberta Output Pledge

Global oil prices surged Monday, lifting the shares of major producers around the world, as investors bet a trade truce between the U.S. and China, as well as possible production cuts from OPEC, will reverse the market's steep autumn decline heading into 2019.

Stocks Surge on US-China Trade Truce; Oil Up Sharply on OPEC Cut Speculation

Stocks Surge on US-China Trade Truce; Oil Up Sharply on OPEC Cut Speculation

Global stocks surged Monday, lifting U.S. equity futures firmly into the green, after President Donald Trump proclaimed a 90-day "truce" in the still-simmering trade war between Washington and Beijing following this weekend's G20 Summit in Argentina, laying the groundwork for a solid December rally in markets around the world.

Massive Data Breach at Marriott Pulls Shares Down

Massive Data Breach at Marriott Pulls Shares Down

Marriott International said a massive data breach could have affected as many as 500 million customers.

Trading Strategies: The Global Impact of the G-20 Summit

Trading Strategies: The Global Impact of the G-20 Summit

Here's what you need to know after the world leaders return back to their home countries.

VMware Surges as Cloud Sales Jump, Setting Up Tracking Stock Headache for Dell

VMware Surges as Cloud Sales Jump, Setting Up Tracking Stock Headache for Dell

VMware shares are climbing Friday after the software group controlled by Dell Technologies posted stronger-than-expected third quarter sales in its cloud computing business.

PVH Shares Rise Despite Q3 Sales Miss, China Tariffs Caution

PVH Shares Rise Despite Q3 Sales Miss, China Tariffs Caution

PVH shares are rising Friday after weakness in its Calvin Klein brand pulled third quarter sales for the apparel maker below Wall Street estimates and it cautioned that tariffs on clothing imports from China could hit its bottom line.

Trump Signs Revamped NAFTA Agreement, Says Congress Will Pass 'Historic' Deal

Trump Signs Revamped NAFTA Agreement, Says Congress Will Pass 'Historic' Deal

President Donald Trump formally signed his intention to pursue a three-way trade deal between the United States, Canada and Mexico Friday at the G20 summit in Argentina that will replace the existing NAFTA.

Deutsche Bank Shares Hit Record Low; Money Laundering Raid Extends to Second Day

Deutsche Bank Shares Hit Record Low; Money Laundering Raid Extends to Second Day

Deutsche Bank shares hit a fresh all-time low Friday as prosecutors and tax inspectors continued to search its Frankfurt headquarters as part of an ongoing probe into money laundering allegations linked to the publication of the Panama Papers.

Stocks Slip as G-20 Summit Kicks Off in Argentina; US-China Trade Talks in Focus

Stocks Slip as G-20 Summit Kicks Off in Argentina; US-China Trade Talks in Focus

Global stocks traded mixed again Friday as investors around the world kept a nervous eye on the start of the G20 summit in Argentina and prepped for the scheduled showdown between Presidents Donald Trump and Xi Jingping that could end or intensive the ongoing trade war between the world's two biggest economies.