The US dollar is closing in on a five-year high versus the yen, with gold heading towards a one-year low, ahead of the release of minutes from the Federal Reserve's historic December meeting.
Asia's major equity markets have fallen after data from China's services sector disappointed.
Managers and fund buyers have begun rotating out of UK mid- and small-cap stocks in anticipation of a mega-cap resurgence.
The leading US equity markets hit fresh record highs on Monday, suggesting a ‘Santa rally' is well underway in the run up to Christmas.
The Royal Mail share price soared in pre-debut trading this morning, after it was confirmed some 700,000 small investors are to receive a stake in the privatisation of the 500-year-old company.
UK shares had a shaky start to the week as negotiations over the US debt ceiling continue to drag on.
Periods of underperformance can test investors' faith, but ditching the fund manager is not always the best course of action.
Supermarket giant Tesco led the FTSE 100 lower this morning after revealing its profits had dropped off sharply.
As the bulls predict a positive 2014 for the UK equity market, are you better off opting for a tracker fund or an active manager?