Europe

Jack Malvey, chief global market strategist for BNY Mellon Asset Management, expects resolution of the medium term economic fate of Europe and the US election outcome will see equities rise as much as 15% next year.

Axa, Allianz and Aviva groups are among 15 insurers that Standard & Poors (S&P) have warned face a downgrade in their credit rating.

Whereas payment protection insurance (PPI) has floundered in the UK market, on mainland Europe loan and credit card payment protection insurance is "alive and well," reports research consultancy Finaccord.

Shares in European financials have dropped in late trading as the latest European Banking Authority stress tests said the industry must raise €115bn in capital by June 2012.

Angela Merkel and Nicholas Sarkozy are set to meet today as political commentators warn Europe is entering the end game for the crisis, which must be resolved this week to save the euro.

Lee Robertson, CEO of wealth management firm Investment Quorum, explains why he is still positive on equity markets despite negative sentiment.

Justin Onuekwusi, multi-asset fund manager at Aviva Investors, says high yield bonds and equities may well reward investors looking to gradually increase risk.

European markets have opened the week in positive territory, with the FTSE 100 rebounding from a period of extended losses.

The Treasury is preparing to water down a key recommendation in the Vickers report that would protect savers in the event of a bank going bust, according to reports.

Exchange traded product (ETP) turnover fell by 16% in Europe last week, although fixed income ETP volumes jumped 37%.