A hung parliament will be good for sterling because it will ultimately see the UK join the euro.
The economy remains the key to the election which is expected to be on May 6th. David Cameron has been light on the details of what he would actually do to curb borrowing and the public remains skeptical about his stance in an area that should be an own goal.
The Greek government's second bond auction of the year will be one of the key drivers of global markets over the coming days. While no date is yet set, Athens must raise significant funds via bond sales or face the prospect of default.
The Greek government's second bond auction of the year will be one of the key drivers of global markets over the coming days. While no date is yet set, Athens must raise significant funds via bond sales or face the prospect of default.
Despite lots of talk about sovereign debt default in 2010, IHS Global Insight said Monday there is very little chance of major problems over the coming year.