The euro has fallen against the dollar amid renewed debt fears in the region as the yield on Portugal's treasury bill sale climbed to nearly double that of its last issuance.
BP shares soared 7% to a six-month high on the FTSE 100 yesterday as compensation payouts for its spill in the Gulf of Mexico looked set to be lower than expected.
The US Federal Reserve will push ahead with its $600bn (£385bn) stimulus programme - dubbed QE2 - as it is not convinced by improved economic data in the US, meeting notes show.
JO Hambro Capital Management has hired a pair of former Thames River European fund managers to launch a dynamic fund next month.
HSBC's Nick Timberlake believes there are strong pockets of opportunity in emerging markets including Russia which spent most of 2010 out of favour with global investors.
UBS is launching an Emerging Market Equity Income fund for Urs Antonioli.
In the latest Conjecture debate, our panelists from Investec, Morgan Stanley and Standard & Poor's discussed Structured Products.