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

Fed Rate Hikes Remain a Key Market Risk as Global Growth Sputters, Stocks Swoon

Fed Rate Hikes Remain a Key Market Risk as Global Growth Sputters, Stocks Swoon

The Federal Reserve's views on the strength of the U.S. economy and the need for future interest rate hikes will be on full display this week as two key policymakers deliver speeches over the next two days and minutes of its November meeting are published Thursday in Washington.

Global Stocks Drift Lower as Trump Raises Stakes on U.S.-China Trade Talks

Global Stocks Drift Lower as Trump Raises Stakes on U.S.-China Trade Talks

Global stocks drifted lower Tuesday, with investors taking a cautious stance on risk following comments from President Donald Trump that suggested his weekend summit with China's Xi Jinping may not yield a breakthrough in trade talks between the world's two biggest economies and ahead of two key speeches from Federal Reserve policy makers that could clarify its near-term rate path.

Amazon Boasts Record Holiday Sales; US Consumers Drop $8 Billion on Cyber Monday

Amazon Boasts Record Holiday Sales; US Consumers Drop $8 Billion on Cyber Monday

Amazon said Tuesday that this year's 'Cyber Monday' was the biggest single-day shopping event in the company's history, adding that consumers purchased more than 180 million items across its global platform during the five-days that began on the Thanksgiving holiday.

Global Stocks Book Solid Gains as Wall Street Rides Record Thanksgiving Spending

Global Stocks Book Solid Gains as Wall Street Rides Record Thanksgiving Spending

Global stocks traded higher Monday, with Wall Street set to ride a record Black Friday spending weekend into solid opening bell gains while European benchmarks were buoyed by a breakthrough in Britain's EU exit talks and reports of a softening stance on spending from Italy's coalition government, as investors head into the final week of a tumultuous month for equity markets around the world.

Oil Rebounds After 'Black Friday' Plunge; G20 Summit in Focus as OPEC Mulls Cuts

Oil Rebounds After 'Black Friday' Plunge; G20 Summit in Focus as OPEC Mulls Cuts

Global oil prices rebounded Monday, following the biggest one-week drop in nearly three years, as a softer U.S. dollar and improved investor sentiment supported prices in early European trading despite persistent signals that supply will continue to outpace demand heading into 2019.

Brexit: May Wins Backing for U.K. Exit in Brussels, but Faces Opposition at Home

Brexit: May Wins Backing for U.K. Exit in Brussels, but Faces Opposition at Home

U.K. Prime Minister Theresa May won the support European leaders for her Brexit plan this weekend, a crucial milestone in Britain's path to leave the EU in March of next year, but faces a far more daunting task in selling that agreement to lawmakers back home.

European Stocks Slide: Brexit Heads to the Wire, Italy Budget Drama Intensifies

European Stocks Slide: Brexit Heads to the Wire, Italy Budget Drama Intensifies

European stocks traded notably lower Thursday, although volumes were low owing to the U.S. Thanksgiving holiday, as investors took a cautious stance ahead of a key weekend summit on Brexit and the ongoing budget standoff between Rome and Brussels.

Nissan Removes Carlos Ghosn as Chairman, Confirms Commitment to Renault Alliance

Nissan Removes Carlos Ghosn as Chairman, Confirms Commitment to Renault Alliance

Nissan said Thursday that its board voted unanimously to dismiss former chairman Carlos Ghosn following his arrest for alleged financial misconduct linked to his role with Japan's second-largest automaker.

Deutsche Bank Slips After Citigroup CEO Dismisses Tie-Up Talks in Interview

Deutsche Bank Slips After Citigroup CEO Dismisses Tie-Up Talks in Interview

Deutsche Bank shares traded lower in Frankfurt Thursday following a report from a German business magazine in which Citigroup CEO Michael Corbat dismissed the prospects of a tie-up with the troubled European lender.

Foot Locker Surges After Q3 Same Store Sales Gains, Defying Retail Bears

Foot Locker Surges After Q3 Same Store Sales Gains, Defying Retail Bears

Foot Locker shares surged Wednesday after the athletic apparel retailer posted stronger-than-expected third quarter earnings after the closing bell Tuesday that defied the sector's disappointing session ahead of this season's Black Friday shopping event.