Markets

Goldman Sachs Asset Management chairman Jim O'Neill looks back over a week of mixed economic indicators from two of the world's leading powerhouse nations.

Italian and Spanish authorities both moved to ban short-selling today after shares plunged across the globe on fears Greece will fail to meet bailout pledges.

UK dividends rose 18.4% in Q2 2012 to reach a record high of £22.6bn, fuelled by special dividends and strong underlying growth, according to the latest Capita Dividend Monitor.

MAM Funds has reported a boost to funds under management following net inflows in the first half of the year.

ON UK INCOME

Neptune's Alex Breese is taking an overweight position to the media sector in his UK Special Situations fund.

Global equity markets are tumbling this morning as the eurozone crisis once again takes centre stage, with Spain's debt costs leaping to a new record high and speculation returning Greece will exit the single currency.

The euro has slipped to an 11-year low against the Japanese yen as Spanish debt woes continue to weigh on the single currency.

THE BIG QUESTION

Invesco Perpetual's Neil Woodford has said he expects profit warnings will come "thick and fast" in the near term after identifying them as a key risk to markets in the current environment.