Katie Holliday is a Writer with CNBC.com, covering a range of topics including global macro-economic news, market developments and corporate news. Before joining CNBC, Katie was a senior asset management correspondent at Investment Week in London. Katie holds a Bachelor's degree in English Literature from Southampton University.
The surprise withdrawal of Fed Chairman candidate Summers will likely give risk-on trades, such as battered emerging market currencies, a boost.
As Australia gears up for its federal elections on Saturday, analysts are mulling how the result will impact the country's investment landscape.
Fears persist about risks in the Chinese banking sector, with one analyst arguing that it could soon follow the route of Greek and Spanish banks.