The Global Month Ahead – An insight into August 2011

In our regular feature Seven Investment Management (7IM) look forward to what the month ahead might hold for the world's largest economies. United Kingdom - Fixed Income Outlook Issues The Bank of England releases the quarterly Inflation Report on 10 August. The MPC will have made its interest rate decision a week beforehand; anything other than rates staying at 0.5% would be a complete surprise, particularly given the subdued Q2 GDP growth figures of 0.2%. UK Gilt yields have been falling steadily, whilst the yields on US Treasury bonds have been increasing across the curve. Fears over Europe’s sovereign ...