“European markets mostly dropped in the opening minutes of trade as the unexpected weakness in US economic growth in the fourth quarter sparked global economic concerns.”

"The International Monetary Fund has slashed its growth forecast for the UK by more than any other major global economy apart from Japan only days before the release of Britain’s official gross domestic product figures."

http://www.ibtimes.co.uk/articles/427071/20130123/imf-uk-economy-growth-forecast-george-osborne.htm

“The annual meeting of the World Economic Forum has opened in the Swiss town of Davos, bringing together about 2,500 participants from more than 100 countries and over one-thousand international organisations.”

"European stocks edged higher in the opening minutes of trade as better-than-expected US corporate earnings boosted global economic optimism."

http://www.ibtimes.co.uk/articles/426899/20130123/euroepan-markets-america-earnings-season-debt-ceiling.htm

Societe Generale has warned investors not to dismiss concerns over a hard landing in China and says the effects it would have on financial markets could trim global economic growth by more than half.”