The decision by Standard and Poor's to downgrade the US' prized AAA-rating for the first time came as no surprise to a number of fund managers.
The European Central Bank said last night it would "actively implement" its controversial bond-buying programme to fight the euro zone's debt crisis, signalling it will buy Spanish and Italian government bonds.
S&P's decision to cut the US's prized AAA credit rating puts the superpower in a worse position than the Isle of Man and Hong Kong.
Credit rating agency Standard & Poor's has downgraded the US' prized AAA-rating for the first time ever.
It hasn't all been about the platforms paper, you know...
Jobs data from the US provided some much needed respite for investors on Friday, after the latest figures beat estimates.
In this week's roundup ETFM brings you news of all the listings, filings and flows in the ETP market.
Last month ETF trading on Euronext reached 17% of all equity trades, its highest ever level and there is still room for growth.
Today's papers are jam-packed with analysis and comment on the US and European debt crises. Here's the best of it...
The US Senate is expected to approve the debt ceiling deal this evening, ending months of political wrangling. IFAonline gives you the saga in numbers...