Lloyds Banking Group got strong demand for a 9 billion pound ($14.9 billion) bond exchange, an indication of possible appetite for the UK bank's record share issue due to price on Tuesday.
The US does not have an inflation problem yet, but "within the next 12-to-16 months we could be in for a dose of serious inflation," Peter Cardillo from Avalon Partners told CNBC Monday.
Government stimulus measures will result in inflation over the coming years and that could support gold prices, Greg Smith from Fat Prophets told CNBC Monday. Smith added that gold could be due for a short-term correction. Uwe Parpart from Cantor Fitzgerald joined the discussion.
UK Prime Minister Gordon Brown is set to unveil his new growth plan at the annual CBI conference Monday. Sean Corrigan from Diapason Commodities Management has analysis.
UK Prime Minister Gordon Brown is set to unveil his new growth plan at the annual CBI conference Monday. Sean Corrigan from Diapason Commodities Management has analysis.
The EU's choice of Herman Van Rompuy as its first president gives the union a lot of credibility and shows it doesn't pander to political pressure, Elizabeth Carey from Clontarf Capital told CNBC Friday.
Turkey's largest mobile phone operator, Turkcell expects sales growth to rise by 10% next year as the introduction of 3G technology will push revenues higher. "We are projecting 10% growth improvement in our EBITA margin as well," Turkcell CEO Sureyya Ciliv said Friday.