The BoE may make a steeper rate cut than the market is expecting, believes Paul Donovan, senior international economist at UBS. But the ECB is unlikely to follow suit. He explains why to CNBC's Rebecca Meehan & Maura Fogarty.

The BoE is likely to cut rates by 100 bps, while the ECB may ease by 75 bps, says Lee Wai Tuck, currency markets strategist at Forecast, ahead of their rate decision due Thursday. He assesses the impact on the FX market, with CNBC's Rebecca Meehan & Maura Fogarty.

Despite the unexpected drawback in U.S. crude inventories, oil continued to extend its losses. Jonathan Kornafel, director of Asia at Hudson Capital Energy explains why to CNBC's Maura Fogarty & Rebecca Meehan.

If you see the commercial paper market doing better, that means credit availability is improving. And that could signal a turnaround in the economy, says Hans Redeker, global head of FX strategy at BNP Paribas. He talks to CNBC's Rebecca Meehan & Maura Fogarty.

If the BoE cuts rates by 75 bps on Thursday, the sterling could see a small rebound, predicts Harry Ida, senior analyst at Thomson Reuters. He also previews the ECB's upcoming rate decision, with CNBC's Rebecca Meehan & Maura Fogarty.

The global downturn has adversely affected the semiconductor industry. Daniel Heyler, MD of global semiconductor research at Merrill Lynch reveals the signs that will point to a recovery in this sector, with CNBC's Rebecca Meehan & Maura Fogarty.