As China has moved to speed up the internationalisation of its domestic currency since the financial crisis, the UK has made no secret of its willingness to play a role in this process. But much work still needs to be done with regards to trade settlements between the two countries, as well as improving transport links and communications.

A combination of policy intervention in emerging markets and high residual risks in developed markets means volatility in emerging market currencies looks set to continue.

The US's Commodity Futures Trading Commission's new rules were passed by a slim majority of three to two and met with much chagrin as those opposing the changes threatened legal action. But with its position limit levels set wide, how will the reforms actually affect investment banks?

India's vast infrastructure needs should make a larger bond market in the country indispensable. However, there are many regulatory obstacles to overcome.

Designed to eliminate volatility for issuers, ABBs can be tricky for banks. The risks are asymmetric and, for deals fully underwritten by syndicates, getting the pricing wrong can lead to big losses. Is the ABB process paying off for banks?

Asia's bond markets are the largest outside the US and Europe. National markets vary enormously but most are growing rapidly, driven by huge pools of onshore liquidity and by the desire of Asian companies to plan and fund long-term. And local banks are taking an ever bigger slice of the business.

Commodity companies are big and getting bigger, a fact that has not gone unnoticed within global capital markets. David Wigan assesses how the financial needs of these global behemoths are being met.