The World Bank warned that 2009 remains a dangerous year despite government and central bank initiatives to support the global economy. Marino Valensise, CIO of Barings, considers the outlook.
The British public are "sleepwalking" into major spending cuts and tax increases and there "will be a very rude wake-up call for the majority of people who have no idea how bad the finances are for the country," Andy Brough from Schroders told CNBC Thursday.
Sterling could be set for further weakness against the euro, Mark Sturdy from Seven Days Ahead told CNBC Thursday. Sturdy also takes a technical look at gold.