The Bank of England is readying emergency funds designed to protect the UK economy from "unexpected shocks".

Rathbones fixed income manager Bryn Jones has said this week is the most important for Europe since the Second World War, as leaders try to resolve the debt crisis.

Negative market sentiment should not deter investors in US banks, said Ryan Brist, head of US investment grade credit at Legg Mason subsidiary Western Asset Management.

Franco-Belgian bank Dexia has secured temporary financing guarantees of €45bn from Belgium, France and Luxembourg, according to reports.

European stock markets opened higher this morning ahead of a crucial eurozone meeting on Friday which could decide the future of the single currency.

Ever since outspoken investment veteran Jim Rogers predicted the commodities rally in 1999, his comments have been closely followed by investors worldwide.

Yields on Swedish government bonds have dropped to their lowest ever levels relative to Germany today as investors flee traditional safe havens amid the eurozone panic.

German Chancellor Angela Merkel helped lift markets further today after revealing moves towards "fiscal union" in Europe were afoot.

BNY Mellon subsidiary Alcentra is set to launch the Alcentra European Floating Rate Income fund early next year.

Aberdeen's emerging market debt team has warned against investing in Turkish local currency government debt after yields spiked to record highs.