As Irish bonds extend their rally, the gains for investors may be disguising a different story.
Investors face a 50 percent chance of sharing in losses in Irish government debt, Citigroup Inc. economist Michael Saunders said.
Bank of England policy makers will today consider restarting asset purchases and a range of other measures as they redouble efforts to revive Britain’s economy.
Investment spending in emerging markets is outpacing expenditures in developed economies for the first time, as a surge in infrastructure supports global growth and profits at companies from Siemens AG to Caterpillar Inc.
"It could alter how they see the world if the revisions are significant, and that's because it would increase the extent to which growth is above trend."
- Michael Saunders on Sep 28, 2014