Investors can find some attractive opportunities in bond markets amid the turmoil, according to SWIP's Steven Logan, co-manager of the group's £1.3bn High Yield Bond fund.
One of my favourite films from the early 1980s is "The Long Good Friday". Despite the fact that Bob Hoskins' character is a top London gangster, one warms to his personality. And, in the final scene of the film, one even has pity for his predicament....
Jupiter's Guy de Blonay has called for European authorities to take further action in supporting markets or the sovereign debt crisis will spread to other eurozone economies.
As the US continues to teeter on the brink of default, France has been dragged into the global financial crisis and Germany warns the Greek bailout was a one-off…we bring you all the top stories from the nationals.
Eurozone leaders revived hopes for the future of the single currency last week by agreeing €109bn of further aid for Greece, some of which will be funded by bondholders as the country is allowed to selectively default.
Yesterday's new rescue package for Greece will be the first of many, according to Stuart Thomson, chief economist at Ignis, who added Europe's next problem will be recessions in Spain and Italy.
Crude oil advanced for a fourth day on signs Europe and US will contain their debt crises, easing speculation demand for raw materials will suffer, Bloomberg reports.
EU leaders have agreed a further €109bn (£96bn) bailout for Greece, one-third of which will come from private sector bondholders.
Gold broke the $1,600 barrier in early trading today as markets awaited further developments in the US and eurozone.
Gold hit a further record high yesterday afternoon as Ben Bernanke said the Federal Reserve was prepared for QE3 while increasing risk of contagion in the eurozone worried investors.