World's Safest Banks
Airtime: Mon. Aug. 30 2010 | 9:14 AM ET
Discussing whether U.S. banks are any safer than two years ago, with Joseph Giarraputo, Global Finance Magazine Publisher.
Airtime: Mon. Aug. 30 2010 | 9:14 AM ET
Discussing whether U.S. banks are any safer than two years ago, with Joseph Giarraputo, Global Finance Magazine Publisher.
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.
Asian nations need more involvement in the G20 policy decisions, but that could happen when the Republic of Korea takes over as group chair, Robert Kimmit, former US Deputy Treasury Secretary, told CNBC Thursday. Philippa Malmgren from Principalis Asset Management joined the discussion.
The RBA lifted rates by 25 bps to 4.25% — its fifth rate hike since October 2009. Adam Gilmour, co-head FX & derivatives sales at Citi Asia Pacific, offers his instant analysis, with Graeme Maxton, chief economist at The Insight Bureau and CNBC’s Oriel Morrison.
The Shanghai Composite Index is likely to continue a “broad sideways movement,” Daryl Guppy, CEO of Guppytraders.com, told CNBC Thursday. Guppy also takes a technical look at the CAC-40 and FTSE-100.
Japan’s economy slowed sharply in the second quarter with GDP missing forecasts. Jesper Koll, managing director & head of Japanese equity research at JPMorgan Securities Japan, tells CNBC’s Kaori Enjoji that this is a clear indication the country remains ensnared in deflation.
U.S. Treasury Secretary Geithner’s latest comment on the dollar is more about managing expectations rather than trying to put a floor under the greenback, says Olivier Desbarres, director of FX strategy at Credit Suisse. He also highlights what to look out for from the G20 meeting, with CNBC’s Sri Jegarajah.