from MacroScope:

UK GDP: Should have gone to Specsavers?

July 23, 2010
twice as fast as expected in the second quarter of this year propelled by a sharp pick-up in services and the biggest rise in construction in almost 50 years.

Markets are getting used to volatile swings in economic data since the financial crisis set in three years ago. But UK GDP figures for Q2 were so eye-poppingly strong they caused confusion on trading floors.   

from MacroScope:

Health and the older worker

November 19, 2009

An interesting post on ING's new eZonomics blog points the reader to a new study on older workers and health.  The findings -- as reported in The Lancet -- don't at first glance look terribly surprising:

from Global Investing:

Pity Poor Pound

October 14, 2009

Britain's pound has long been the whipping boy of notoriously fickle currency markets, but there are worrying signs that it's not just hedge funds and speculators who have lost faith in sterling. Reuters FX columnist Neal Kimberley neatly illustrated yesterday just how poor sentiment toward sterling in the dealing rooms has become and the graphic below (on the sharp buildup of speculative 'short' positsions seen in U.S. Commodity Futures Trading Commission data) shows how deeply that negative view has become entrenched.              

from MacroScope:

Live Blogging G20

September 3, 2009

Finance ministers from the G20 are meeting in London on Friday and Saturday to discuss the next steps in battling the world's worst economic and financial crisis since the Great Depression.