Chinese stocks rebounded overnight after experiencing the biggest decline in seven months.
Andrew Neville, manager of the Allianz Global Small Cap Equity fund, has said the best value stocks across global markets can now be found in Southern Europe, following rallies across most of the globe.
The FTSE 100 got off to a positive start on Monday, with shares shrugging off weak data from both China and Japan to move higher.
The Nikkei index climbed to a five-week high overnight as a weak yen - and positive pensions news - provided a boost for shares.
The year always begins with Uncle Tom Cobley and all offering their 12-month forecasts for a number of major asset classes.
Central bankers risk creating an "inflationary overshoot" because of their attempts to avoid deflation, the managers of the Ruffer Investment Company have warned.
UK equities dipped this morning after closing at a 14-year high yesterday, with falls in commodity markets hitting miners.