We expect government bond yields to rise further during the coming months than they have done in the past couple of days. But rather than causing growth to slow, higher bond yields will be a sign that...

Recent developments have underlined that the banking sector is far better capitalised in the US than in the euro-zone. But the more important point is that the financial sector has strengthened in...

After slowing sharply in the first quarter, household spending growth appears to have rebounded in the second. A combination of strong labour markets, low household debt burdens and steady growth of...

Preliminary PMIs, which were published by Markit today, suggest that the recovery in advanced economies continued strongly in June.