GDP

The UK economy has been tipped to breach its pre-crisis peak as early as next year, instead of 2016, as previously forecast, by UK business network the British Chambers of Commerce.

Markets are fickle creatures. This time last year, China was a veritable investment dog for most institutional investors. Now, a short 12 months later, it must qualify as the top contrarian bet for 2014.

Chancellor George Osborne presented his 2013 Autumn Statement to the House of Commons this week, declaring Britain is on the road to economic recovery. Here is our round up of five key points from the Statement.

US treasury yields have jumped and US futures have fallen after the second reading of US GDP growth for Q3 saw a large upward revision.

The UK's surprise economic recovery looks on course to continue as Chancellor George Osborne raised his forecast for UK growth over the next few years.

CONTRARIAN INVESTOR

UK EQUITIES

EMERGING MARKET DEBT

Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.

Strategists and multi-managers are moving back into China following the latest wave of economic reforms detailed in its Third Plenum, with some labelling the package of measures as the ‘catalyst' for stock market returns.