Market News:

Greece talks cast lengthy shadow

Sentiment on global markets restrained by disunity of Greek politicians on austerity measures but selling looks modest

Brazilian equities burst back into life

Having been left reeling from Europe’s debt crisis last year growing risk appetite and a stream of IPOs are driving a resurgent Bovespa

Zero-based money risks trapping recovery

Bill Gross says that with a flat yield curve working as a disincentive for lenders low rate policy rations credit as fiercely as it does risk

Greek worries weigh on Wall Street

US stocks followed global indices lower, as Greece appeared to edge closer to default while disappointing earnings also help stall the rally

Money flows back into emerging markets

Equity funds which fell out of favour for much of last year attracted $3.5bn in the week ending February 1, the most in almost a year

FTSE lower as investors remain cautious

Shares edge lower with Barclays out of favour on concerns that it might kick off the bank earnings season on a downbeat note

Dollar gains on euro caution

Sterling under pressure as more UK stimulus looms with yen the only leading currency to hold its ground against the dollar