Germany

Berlin is to sell up to €5bn of two-year Schatz notes (treasury notes) at auction today with a 0% coupon, as investors' flight to safety gathers pace and heightens 'market dislocation'.

The eurozone reported zero growth in the first quarter, beating forecasts of a 0.2% contraction and narrowly escaping a technical recession.

As the eurozone crisis continues to batter markets today, we highlight the five key challenges facing the continent.

Patrick Sumner, head of property equities at Henderson Global Investors, has warned investors the market is pricing in a substantial fall in property values across Europe.

Yields on German government bonds have fallen to a new record low amid weaker than expected jobs data from the US.

SPECIAL REPORT

Insight's currency specialist Dale Thomas has reversed his underweight to the US dollar as he repositions his fund for further euro weakness.

FIXED INCOME

The UK is back in recession, according to the latest growth projections from the OECD, while the recovery in the G7 economies remains ‘fragile'.

Legal & General IM's Ben Gill expects the Bank of England may be forced to intervene to weaken sterling as it explores other forms of QE.