Gilt yields fall in May

As the debate surrounding the UK’s future membership of the European Union (EU) intensified, gilt prices rose during May and yields fell. The yield on the benchmark ten-year UK gilt ended May at 1.56% , compared with 1.73% at the end of April. Meanwhile, the shorter-dated UK gilt yield fell over the month from 0.52% … Continue reading “Gilt yields fall in May”

Better-than-expected economic growth in Japan

Having contracted by 0.4% during the final quarter of 2015, Japan’s economy expanded more strongly than expected during the first the months of 2016, posting quarterly growth of 0.4% and annualised growth of 1.7%. Despite weakness in export activity and public investment, economic growth received an overall boost from an increase in government spending. The … Continue reading “Better-than-expected economic growth in Japan”

Brexit debate and US monetary policy dominates in May

As June’s referendum on the UK’s future membership of the European Union (EU) drew closer, the tone of the Brexit debate became increasingly ill-tempered in May. During the month, various influential organisations – including the Bank of England (BoE), the International Monetary Fund (IMF) and the Confederation of British Industry (CBI) – contributed to the … Continue reading “Brexit debate and US monetary policy dominates in May”