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

Carlos Ghosn to Remain in Custody Until December 10 - Japanese Media Reports

Carlos Ghosn to Remain in Custody Until December 10 - Japanese Media Reports

Carlos Ghosn, who is currently being held in Japan while authorities investigate allegations of financial misconduct against the auto industry titan, is likely to remain in police custody for another ten days, according to media reports published Friday.

Deutsche Bank Headquarters Raided in Money Laundering Probe

Deutsche Bank Headquarters Raided in Money Laundering Probe

Deutsche Bank shares plunged Thursday after prosecutors in Germany raided the lender's Frankfurt headquarters as part of an ongoing probe into money laundering that has implicated several European banks over the past year.

Stocks Mixed After Powell's Fed Rethink; Wall Street Shifts Focus to Trade Talks

Stocks Mixed After Powell's Fed Rethink; Wall Street Shifts Focus to Trade Talks

Global stocks traded mixed Thursday, with European and Asia markets riding the tailwind from last night's Federal Reserve-fulled rally on Wall Street while U.S. futures remained cautious as investors await developments from this week's make-or-break trade summit between President Donald Trump and Xi Jinping.

Oil Dips Below $50 as Rising US Stockpiles, OPEC Indecision, Pounds Global Crude

Oil Dips Below $50 as Rising US Stockpiles, OPEC Indecision, Pounds Global Crude

U.S. oil prices fell below $50 for the first time since in more than a year Thursday, as record domestic output and rising crude stockpiles continue to pressure world markets ahead of a key meeting of OPEC ministers next month in Vienna.

European Autos Slide as EU Commissioner Warns on US Tariffs 'Before Christmas'

European Autos Slide as EU Commissioner Warns on US Tariffs 'Before Christmas'

European automaker shares weakened Thursday after a key European lawmaker warned that the White House could apply fresh tariffs on exports to the United States before the end of the year.

Salesforce Rockets After Q3 Earnings Beat, Solid Sales Guidance, as Cloud Grows

Salesforce Rockets After Q3 Earnings Beat, Solid Sales Guidance, as Cloud Grows

Salesforce jumps after the customer relationship management software group posts stronger-than-expected third-quarter earnings, and boosts its near-term outlook, as cloud computing computing sales continued to impress.

Stocks Rally on U.S.-China Trade Detente; Trump Blasts Fed Chair Powell

Stocks Rally on U.S.-China Trade Detente; Trump Blasts Fed Chair Powell

Global stocks rallied Wednesday, even as the dollar traded near an eighteen month peak, as investors cheered reports of a possible breakthrough in U.S.-China trade talks this weekend at the G20 summit in Argentina.

Trump 'Totally Willing' to Shut Down Government Over Border Wall Funding- Report

Trump 'Totally Willing' to Shut Down Government Over Border Wall Funding- Report

President Donald Trump warned Wednesday that he's "totally willing" to risk a government shutdown if Congress doesn't approve the $5 billion need to fund his proposed border wall between the U.S. and Mexico.

Trump Ramps Up Fed Attack as Powell Preps Key Speech on Rates

Trump Ramps Up Fed Attack as Powell Preps Key Speech on Rates

President Donald Trump unleashed a torrent of criticism towards both the Federal Reserve and its Chairman, Jerome Powell, in an extraordinary interview in which he accused the central bank of pushing U.S. stocks lower and triggering a decision by GM to close plants and fire thousands of workers.

Apple Slides After Trump Hints at iPhone Tariffs Amid U.S.-China Trade War

Apple Slides After Trump Hints at iPhone Tariffs Amid U.S.-China Trade War

Apple shares fall after President Donald Trump suggested that American consumers could 'easily' handle an extra 10% tariff on imported iPhones and laptop computers if he were to increase levies on China-made goods next year.