Matt Clinch, NBR, CNBC.com’s Posts

There is growing speculation that the Swiss National Bank (SNB) has set a new target for the country’s currency, as the Swiss franc continues to tick lower against the euro. Swiss newspaper Schweiz am Sonntag reported Sunday that the SNB was aiming to keep the Swissie trading between 1.05 – 1.10 euros ($1.19 – $1.24), citing …

Feeling a little more flush this year? Well, you soon could be – the dramatic fall in oil prices is expected is free up an average of $700 for each American household in 2015, according to the French lender Societe Generale. If prices of around $2.31 a gallon are sustained this year, then households would …

The interest rate on the U.S. government’s 10-year Treasury fell below 2 percent on Tuesday morning for the first time since mid-October, as fears over global growth led a flight to safety. Investors continued to buy sovereign debt amid the selloff in equities with the U.S. 10-year yield falling for a seventh straight session. The …

A bitter war of words has erupted between a workers’ union and the owners of a U.K. delivery company that notified its workers of impending redundancies in an email on Christmas Day. More than 2,000 staff at City Link will be let go on New Year’s Eve, as the company goes into administration due to …

The U.S.’s efforts to normalize relations with Cuba could eventually lead to an influx of American imports into the country. But when it comes to automobiles, one country has got there first: China. Cuba has long been known for its 1950s American cars lining its streets, but Havana is now home to a small, but …

Those hoping for a seasonal “Santa rally” in stock markets this year could be disappointed, according to Nomura strategist Bob Janjuah, who warned that the S&P 500 could slump to its October lows in the near term. The widely-watched analyst, who is known for his bearish views, also said in a research note published Wednesday …

Weak demand and oversupply in oil markets raise the risk of global social instability and the potential for financial defaults, the International Energy Agency (IEA) warned on Friday, as it cut its forecasts for global oil demand growth in 2015. The report came as oil prices slid to new multi-year lows, with Brent crude hitting …

The uptake of a low-rate loan program by the European Central Bank (ECB) met market expectations on Thursday, amid calls for the central bank to do more to help kick start the region’s economy. The second allotment of the targeted long-term refinancing operation (TLTRO) came in at 129.84 billion euros ($162 billion), according to the …

An economist who correctly predicted the fall in oil price this year has told CNBC that the U.S. government could look to bail out its energy sector in 2015 as the commodity’s low price starts hitting the country’s economy. “The U.S. energy sector is clearly important,” Steen Jakobsen, the chief economist at Danish investment bank …

The amount of individuals that hold more than $30 million in assets has climbed to a new record in 2014, according to a global survey on Wednesday, which also warned that a lack of diversification meant that this wealth is not protected from shocks to the financial system. 12,040 of these new ultra high net …

Solar power could trump alternatives like fossil fuels, wind, hydro and nuclear to be the world’s largest source of electricity by 2050, according to a prominent energy watchdog. The International Energy Agency (IEA), which is best known for its monthly oil updates, published two reports on Monday detailing how greater use of solar energy could …

With uncertainties surrounding the independence referendum, anxious investors in Scotland have been busy adding to their holdings of gold. Online dealer BullionByPost, which claims to be the biggest online gold dealer in the U.K., said that it saw a 37 percent jump in sales to customers from Scotland between Sept. 9 and Sept. 16, a bigger …

The CEO of Apple appeared to make a rather critical commentary of some of the tech giant’s Silicon Valley rivals on Wednesday with Apple unveiling its new privacy policy in an open letter to customers. In the message, signed by Tim Cook and uploaded to Apple’s website late Wednesday, Apple said that its business was to sell …

In a country renowned for its kooky culture and innovative food, it probably comes as no surprise that the Japanese Burger King menu might throw up a few surprises. But travelers journeying to Tokyo this September might be a little shocked to find out what is on offer. The Kuro Burger, with “kuro” meaning “black” in Japanese, …

Risk assets across Europe rose sharply on Wednesday, led by a surge in Russian stocks, on hopes that the presidents of both Ukraine and Russia were nearing a cease-fire agreement. Russian shares on the MICEX index traded nearly 4 percent higher in the afternoon. Among the top performers, construction company Gruppa Kompaniy surged up to 9 …