The Dow Jones has ended a three day winning streak, with investor sentiment taking a hit from losses in ‘safe haven' commodities.

PSigma's multi-asset manager Tom Becket believes the FTSE 100 will rise 10% by the end of year as European policymakers look set to recapitalise the Continent's highly indebted banks, boosting investor sentiment.

The International Monetary Fund(IMF) has warned of an increased risk of recession from Q3 for the US and to a lesser extent the UK and France.

Fitch Ratings has joined with Lipper to launch a fund rating service which combines Fitch's qualitative fund analysis with Lipper's rankings and performance data.

UK unemployment has seen the sharpest quarterly rise in over two years, with the unemployment rising 80,000 to 2.51 million, according to the Office for National Statistics.

The FTSE 100 has slipped back into the red mid morning as poor performance from the banking and mining sectors weighed on the index.

M&G chief executive Michael McLintock has raked in nearly £700,000 after selling shares in parent company Prudential.

Anthony Bolton's £674m Fidelity China Special Situations fund has made its first share buyback since listing on the London stock exchange fifteen months ago.

Billionaire investor George Soros has warned the Eurozone's debt problems are potentially worse than Lehman Brothers' collapse due to a lack of leadership on the Continent.

UK managers including Lindsell Train founder Nick Train have labelled Hargreaves Lansdown a "definite buy" with enormous growth potential, after the group beat analysts' expectations last week.