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”
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”
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”
Thanks for visiting the Market Briefings blog – we’ll be adding analysis, views and commentary from the investment world soon. Watch this space.