2015: a year of tests and risks

Rarely has a new year brought such uncertainty. With Europe and the US on divergent economic paths, Russia unpredictable, Chinese growth causing increasing concern and Japan running short of fiscal and monetary ammo, capital markets specialists will have to have their wits about them this year if they are to succeed. Toby Fildes and Jon Hay select 15 themes that will shape global financial markets in 2015.