Europe

EMERGING MARKETS

NEW YEAR PREDICTIONS

Investment veteran Jim Rogers has branded US treasuries as the one of the last remaining asset bubbles left in the world.

ON ASSET ALLOCATION

We look at key themes and events that have impacted investment over the past year.

The eurozone faces a "mild" recession in the first half of next year, restricting full-year economic growth in the region to just 0.1%, according to Ernst & Young.

The FTSE 100 was trading 1.8% lower at 3pm as US markets slipped at the open following a poor Italian debt auction and signs of division re-emerging among eurozone leaders.

VIDEO

London's leading share index has made a subdued opening in early trading, with investors returning cautiously to stocks after yesterday's sell-off.

Gilt yields hit a new record low by mid-afternoon as investors continued to buy up UK debt amid concerns the European Union has not done enough to avert a financial meltdown.