Investec Asset Management's Simon Brazier has warned investors on the higher volatility likely to be experienced in 2015, pointing to a backdrop similar to the year in which Lehman Brothers collapsed.
Germany has fallen in to deflation for the first time in more than five years, with eurozone figures falling to the equal lowest level on record.
What are the prospects for the eurozone in 2015?
Figures released this morning by the Office for National Statistics showed UK CPI inflation fell to a surprise 0.5% in December, the lowest level since May 2000. We round up the reaction from leading investors and economists.
The eurozone slid into deflationary territory in December for the first time in five years, according to preliminary figures released today.
With developed economies flirting with deflation, central banks will likely regard the oil price slump as troublesome. M&G's Jim Leaviss explains how short-term deflation could turn to long-term growth boost.
The European Central Bank will consider quantitative easing among other measures to avoid a long period of low inflation, its president has confirmed.