Slovenia's minority government has collapsed after a no-confidence vote and this could further complicate the passage of legislation to scale up and enhance the European Financial Stability Facility (EFSF), a key element of the euro zone's crisis response.
German Chancellor Angela Merkel and French President Nicolas Sarkozy have both said that Greece will not leave the euro, but the "unthinkable" is now being seriously considered at all levels.
Five of the world's largest central banks have announced a coordinated injection of dollars into banking systems, in response to growing concerns over liquidity problems in the euro zone. However, analysts say, they cannot solve the underlying solvency crisis.
A bright graduate joins an investment bank, but not in the glamorous, fast-moving – and ultimately profitable - trading role that he wanted. Rather, he is put into the "middle office," managing the IT systems that keep the trading desks running. Eventually, though, he is given a break, joining the bank's "delta one" trading desk, playing arbitrage between cash equities and equity derivatives.
The UK Chancellor, George Osborne, appeared to clear the path for a second round of quantitative easing (QE) over the weekend, telling journalists at the G7 meeting in Marseilles, France, that he saw no barriers to such an action, if the Bank of England asked for it.
Despite ongoing sovereign debt issues in the euro zone and the US, and fears of a double dip recession in the developed world, equities are undervalued and investors should consider building their exposure to them, according to Edmund Shing, head of European equity strategy at Barclays Capital.
Volatility is likely to be a major challenge for the asset management industry and institutional investors, as a lack of transparency and major concerns over the global economy persist, according to Nicholas Lyster, European CEO of asset management firm Principal Global Investors.