{"id":580384,"date":"2026-08-10T12:56:17","date_gmt":"2026-08-10T12:56:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/580384\/"},"modified":"2026-08-10T12:56:17","modified_gmt":"2026-08-10T12:56:17","slug":"uk-markets-taking-their-cue-from-positive-data-as-burnham-fiscal-concerns-fade","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/580384\/","title":{"rendered":"UK markets &#8216;taking their cue&#8217; from positive data as Burnham fiscal concerns fade"},"content":{"rendered":"<p>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<p>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<p>This week&#8217;s quarterly <a href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">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<p>This is not the <a href=\"https:\/\/www.fxstreet.com\/brokers\/best-forex-broker\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">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 <a href=\"https:\/\/www.fxstreet.com\/news\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">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&hellip;\n","protected":false},"author":2,"featured_media":253971,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-580384","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/580384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=580384"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/580384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/253971"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=580384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=580384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=580384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}