Federal Reserve chairman Ben Bernanke said the central bank is unlikely to pump further stimulus into the US economy unless it sees an unexpected sharp deterioration.
Global markets have continued on a downward trend as fears re-emerged about the state of European and the US economies.
Cherry Reynard takes a look at where the hot investor money went last month.
Martin Weale voiced fears over "persistent" inflation yesterday in a hawkish speech underlining the growing splits at the Bank of England over the path of monetary policy.
Italian authorities have arrested eight individuals believed to have been involved in hiding trillions of dollars of fake US bonds.