UK PM Theresa May has formally rejected a petition urging the British government to cancel a planned state visit by President Donald Trump. » Read More
Political uncertainty is present in almost every country and with the heavy election year in Europe it will be "the dominant factor" in 2017, the chairman of UBS told CNBC. » Read More
Credit Suisse has reported a net loss of 2.347 billion Swiss francs ($2.337 billion) for the fourth quarter of 2016 as the bank felt the impact of a $5.28 billion fine from the U.S. Department of Justice.
An official announcement last week that the Bundesbank had pretty much repatriated half its gold reserves ahead of schedule has once again sent the rumor mill into overdrive.
Spain's national court on Monday ordered a criminal inquiry into whether a former governor of the country's central bank and seven other regulatory officials knowingly ignored financial problems at Bankia.
Political instability in Europe is widening yield spreads and revamping fears over debt sustainability across the region, leading to speculation that the European Central Bank will need to continue with its ultra-loose monetary policy.
The question of who will be Germany's next Chancellor looks increasingly unlikely with the current incumbent, Angela Merkel seeing her lead in the opinion polls being eroded by socialist leader Martin Schulz.
Nick Gartside, international CIO of fixed income at JP Morgan, adds that he expects Fed chair Janet Yellen to raise interest rates in March "if she's brave."