Equities

London's FTSE 100 slipped into the red in early trading this morning after Fitch Ratings cut Spain's long-term credit rating and predicted a slump through 2013.

The positive impact of China's rate cut was dampened overnight in Asian and US markets as Ben Bernanke failed to clarify the Fed's policy approach in a speech yesterday.

Fitch has cut's Spain's credit rating by three notches to BBB as estimates for the size of the bailout it needs balloon.

Pictet Asset Management's Adrian Hickey, head of Japanese equities, highlights five attractively valued small-cap stocks set to benefit from the nation's post-earthquake reconstruction spend.

EURO 2012

Invesco Hong Kong has announced Samantha Ho, lead manager of the £175m Invesco Pepetual Hong Kong & China fund, has left the firm.

China's move to cut rates should provide a boost for beaten up stock market sentiment in China, said Henderson's Charlie Awdry.

Companies are still 'seriously unprepared' for the FATCA rules which will come into force in January next year, a new survey by Thomson Reuters has revealed.

Sarasin & Partners has expanded its product offering with the launch of two funds of funds, Sarasin Global Equity and Sarasin Global Diversified.

EUROPE