Banks, Commodities Lift European Benchmarks to Strong Gains
Greece returned to the bond market, the dollar weakened and commodities rose.
Chinese Data Boosts London While Europe's Benchmarks Slide
Data helped to boost sentiment toward the global economy among investors and lifted metals prices across the board, with a subsequent read-across into stock markets throughout much of the session.
Commodities Sink European Stocks as Investor Sentiment Sours
A stronger dollar, commodity supply concerns and an increasingly uncertain outlook for global growth conspired to darken the mood among investors Tuesday.
European Stocks Slip as Banks, Economic Data Weigh
European stocks slipped Monday as investors digested the latest terror attack in the U.K., continued concern over Spanish banks and a series of poorer-than-expected economic bulletins.
European Stocks Fall as Traders Turn Toward French Parliamentary Elections
With most stocks having notched up strong gains in the wake of the first round of French election, there was little upside left to be gained following Sunday's vote.
Treasury Yields Jump After Weak $43 Billion 2-Year Auction, Sliding Foreign Demand
The Treasury sold $43 billion in 2-year notes at a high yield of 4.29% - nearly a full percentage point above last month's auction levels.
Economist El-Erian Sees Strong Chance for Recession
But he thinks the Fed must keep raising interest rates to quell inflation. And he expects continued market volatility.
Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus
Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.
What Happens to Your Credit Card When Interest Rates Rise
With interest rates soaring, credit card consumers may be in for a shock