ECB Keeps Rates at Record Low
Airtime: Thurs. Oct. 7 2010 | 7:45 AM ET
The European Central Bank kept interest rates on hold Thursday, as expected. Jörg Krämer, chief economist at Commerzbank, considers the strategy of the central bank.

Airtime: Thurs. Oct. 7 2010 | 7:45 AM ET
The European Central Bank kept interest rates on hold Thursday, as expected. Jörg Krämer, chief economist at Commerzbank, considers the strategy of the central bank.

Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.

Political problems within the euro zone are going to get worse as debt-laden countries struggle with rising unemployment while attempting to cut budgets, Peter Dixon from Commerzbank Securities told CNBC Monday.

Parsing the jobless claims and trade data, with Diane Swonk, of Mesirow Financial, and the CNBC news team.

The price of gold could push back up to all-time highs, Nicole Elliott from Mizuho Corporate Bank told CNBC Tuesday. Elliott also takes a technical look at short sterling interest rate futures.

CNBC’s Bertha Coombs has the details on a major breakthrough on a therapeutic cancer vaccine.

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.