GDP

President Barack Obama has announced a deal to end the US debt crisis, which will raise the nation's debt ceiling by at least $2.1trn and cut the federal deficit by as much as $2.5trn over a decade.

The UK economy will only grow at a "sluggish" rate this year, according to the CBI.

The UK economy grew by 0.2% in the second quarter of the year, in line with economists' estimates, the Office for National Statistics (ONS) said today.

ON BONDS

Economic growth forecasts of 3.4% for 2011 remain around the long-term average.

Investors with a high tolerance for risk are looking towards less developed ‘frontier markets' that are excluded from conventional emerging-market indices.

Javier Corominas, head of economic research at Record Currency Management, examines whether beta or risk premium returns are available in currency.

Worries over the eurozone debt crisis have prompted the Ernst & Young Item Club to cut its forecast for GDP growth this year from 1.8% to 1.4%.

ON EMERGING MARKETS

ON BONDS