Gilt markets seem to have stabilised lately, and markets are taking their cue from the modestly positive tone in economic data out of the UK.<\/p>\n
For now, noises suggesting that Andy Burnham may take a relaxed view of the UK fiscal rules are being ignored, and sterling is joining in the generally good performance of British assets.<\/p>\n
This week’s quarterly GDP<\/a> numbers are expected to show a slowdown from the strong pace of growth in the first quarter of the year, with the economy still buoyed by government spending, as private investment lags.<\/p>\n This is not the best<\/a> basis for future growth, but markets deem it good enough for the time being. Barring any major surprises, this could be a relatively quiet week for British news<\/a>, as the steady stream of policy announcements has dried up since Burnham disappeared for his holiday.<\/p>\n","protected":false},"excerpt":{"rendered":"Gilt markets seem to have stabilised lately, and markets are taking their cue from the modestly positive tone…\n","protected":false},"author":2,"featured_media":610477,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-850379","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/850379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=850379"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/850379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/610477"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=850379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=850379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=850379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}