President Obama Signs FinReg Bill
Airtime: Wed. Jul. 21 2010 | 11:30 AM ET
President Obama signs the financial regulation bill.
Airtime: Wed. Jul. 21 2010 | 11:30 AM ET
President Obama signs the financial regulation bill.
“In the European marketplace, not withstanding that we’re ten years into this, we’re still in very, very early days,” Ted Hood, CEO of Source, creator of ETF products, said of ETFs. “In the US market, we’re seeing 50% retail participation in ETFs.”
The German cabinet approved a draft bill to ban naked short selling of euro zone government bonds and German shares Wednesday, but an outright ban has been postponed. Rüdiger von Rosen from Deutsches Aktieninstitut said that investors are responsible for their judgment.
Emerging Inflation to Squeeze West, Inflation in emerging markets is a major issue for Western companies as input prices are set to rise because of it, Philippa Malmgren, president of Principalis Asset Management, told CNBC Wednesday.
There is now actually money on the table and not just a statement, which I think is very important, Jose Manuel Barroso, European Commission Chief, told CNBC Monday after the EU agreed a debt rescue package at the weekend.
Discussing how China’s yuan move will affect gold prices, with Jonathan Barratt, MD of Commodity Broking Services & Jim McCaughan, CEO of Principal Global Investors, speaking with CNBC’s Martin Soong, Sri Jegarajah & Karen Tso.
The long-term chart for the euro suggests it will go “much lower” versus the dollar and could fall toward $0.90, which is the lows of 2000/2001, Mark Sturdy from Seven Days Ahead told CNBC Wednesday. Sturdy also takes a technical look at the pound.