The meeting of G20 finance ministers and the IMF over the weekend has failed to calm market nerves over the Euro zone debt crisis. Euro zone nations talked of increasing the €440bn rescue fund with a figure of €2 trillion being suggested.

Whilst shaving this morning some of the headlines which were rolling off the Radio were ‘the end of the world’, ‘dangerous times’, ‘a return to military rule’ and finally my favourite ‘apocalyptic’, which in its very meaning suggests the end of the World, or at least an imminent disaster.

The Bank of England decided unanimously to leave its Bank rate at 0.5% all time low, according to the minutes of the latest monetary policy meeting, that also showed an increasing consensus on the need for more quantitative easing as the Bank observes weaker growth in the second half of...

This Wednesday will see the release of the minutes from the last Bank of England meeting;

Euro zone Finance ministers gathered in Poland over the weekend - the hope was that a solution would be found to the Sovereign debt crisis, which threatens to bring an end to the single currency. However, yet again another meeting of European leaders only managed to create panic in the markets.

UK inflation was in line with expectations in August, with the annual rate coming in at 4.5%. However, UK households will see finances further squeezed in September as higher utility bills take effect, with rates pushing up towards the top of the Bank of England’s inflation report of 5%.

Rumours have surfaced overnight that Italy has asked China to buy Italian debt. The news has boosted stocks and the Euro, as risk sentiment improved on the back of the news. However, the article in the Wall Street Journal stated that Italy was ‘hoping’ China would buy ‘large amounts’ of...

Market sentiment has been improving as the week has progressed. Yesterday, UK Manufacturing Production showed slight growth for August against expectations of a decline, whilst industrial production fell by less than had been expected. There was also positive data out of Germany, where the recent series of unpleasant surveys came...

No rate changes expected but might there be other alternatives offered?

Swiss central bank announced a short while ago that they would not let the EUR/CHF rate fall below 1.2000