Euro Crisis

When US President Barack Obama looks at the dangerous euro wasteland that once was a prosperous region driving nearly one-fifth of the world economy, he probably has flashbacks of repeated rebuffs he got from German Chancellor Angela Merkel when, in late 2011, he asked for more economic growth and less austerity.

Mecklai graph of the day: German unemployment change

Mecklai graph of the day: The German unemployment change was announced today reflecting the number of unemployed people during the previous month. Germany‘s federal statistics office pegged the numbers at 9K as against an expected figure of 7K.

Investors brace for gobal slowdown: Pimco

The insufficient job creation, stagnant earnings and alarming long-term unemployment highlighted by May's disheartening jobs report underscore America‘s persistent unemployment crisis.

Mecklai graph: Manufacturing PMI overtakes Services PMI

HSBC's business activity index or services PMI, rose to 52.8 in April from 52.3 in March, while yesterday, the bank released manufacturing purchasing managers index which inched up to 54.9 in April, from 54.7 in March.

George Soros warns euro crisis could destroy EU

Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies.

Until Europe eases, stay on the back foot: Sampriti Capital

For sometime now, the upside for the market is around 5,400 levels to 5,600 levels, said Sandeep Shah, CEO of Sampriti Capital. According to him, the broad trend suggests further downgrades in the coming one or two quarters. Meanwhile, he indicated that the portfolio strategy should continue to stay defensive till the euro crisis is resolved.

European policy changes may disappoint markets: StanChart

According to Gerard Lyons, the global head of strategy and economics at Standard Chartered, European policymakers will bring about certain changes, but it won't be what markets have been hoping for.

European banks require a haircut, says BGC's Buick

David Buick, partner at BGC tells CNBC-TV18 that a write down of debt on the books of European banks - a proverbial haircut - could help the situation.

Euro crisis to impact capital market activities: CLSA

Despite positive news coming in from Europe, Mike Mayo of CLSA believes that there will be big impacts coming out of the debt crisis in the region.