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In the US, the fiscal cliff which was moved at the last minute has to be addressed as does the EU Budget whilst in the UK everything will be done to avoid a triple dip

The last month of 2012 hasn’t exactly been a time for the politicians of the western world to look back on a year of growth and prosperity, but the spectre of inflation and rising unemployment have resulted in the central banks in Switzerland, Japan, the USA and the UK keeping base rates at or near Zero

With the US election out of the way and Obama preparing for a second term the markets turned their attention to the US Fiscal cliff

At the end of any quarter we of course get some interesting stats coming through and this quarter has been no exception

What goes down can stay down, so said the Central Bankers in key financial markets around the world as they continue to keep global interest rates artificially low