FTSE

Global stock markets have slipped deeper into negative territory as investors continue to fret about the US downgrade and the eurozone debt crisis.

Investment Week and our sister title Investment Europe provide ongoing updates on the turmoil in global markets as investors fret over the US and European debt crises.

Global markets are continuing to post heavy falls, with all major indices deep into the red, as concerns the eurozone debt crisis and weak US economy could lead to another recession.

The national newspapers spared front-page column inches to talk of a 'Credit Crunch 2' on Friday after a global sell-off wiped trillions off the value of equities worldwide.

Investors are flocking to safe haven UK government bonds as they seek shelter from turbulent global markets.

Global markets climbed overnight on news the US has agreed a solution to its debt crisis, which will ease fears of the country losing its AAA-credit rating.

The FTSE has plunged in mid-afternoon trading with banking stocks hard hit after Santander released poor results and the impasse over the US debt ceiling shows no sign of ending.

Javier Corominas, head of economic research at Record Currency Management, examines whether beta or risk premium returns are available in currency.

European indices have opened flat in early trading as markets pause for breath after posting losses of over 2% this week, hit by contagion fears across the Continent.

All major global indices posted substantial losses in early trading over growing concerns the debt crisis in the eurozone may spread to Italy and Spain.