Bonds
UK government bonds rally as Trump announces talks with Tehran
Gilts whipsawed amid extraordinarily volatile trading on Monday, hitting record highs before plunging after Donald Trump announced an apparent five-day pause on US attacks on Iranian energy infrastructure.
UK borrowing costs hit highest level since 2008
UK borrowing costs hit their highest level on Friday since the Great Financial Crisis in 2008 amid growing concerns about inflation, as the war in the Middle East pushes up energy prices, and after a bigger-than-expected jump in February government borrowing.
US personal incomes and spending rise more quickly than expected in August
Personal incomes and spending in the US both rose by more than expected last month.
US Q2 GDP growth revised up to 3.8%
Economic activity in the States expanded more quickly than anticipated during the second quarter on the back of stronger-than-expected consumption and investment.
US durable goods orders bounce back in August
Orders for goods made to last more than three years bounced back last month, amid a surge in aircraft orders.
BoE's Pill 'more comfortable' with inflation risk
The Bank of England’s chief economist has signalled he is becoming more comfortable with the inflationary outlook, contrary to his hawkish voting history.
Federal Reserve cuts rates by modest 25bp, one member voted for 50bp
The US central bank cut rates as expected and signalled that economic agents could expect further reductions over the next two years.
US non-farm payrolls growth slows to a crawl in August
Hiring in the US crept only a tad higher last month, undershooting economists' forecasts in the process.
US services sector holds up in August, ISM says
Service sector activity in the US held up better than expected last month, the results of a closely followed survey showed.
UK 30-year bond yields hit 27-year high, sterling slides
UK 30-year bond yields hit their highest level in 27 years on Tuesday after the government’s surprise reshuffle.