U.S. Treasury yields rose to an 11- week high and stocks fell a fourth day as signs of economic growth fueled concern the Federal Reserve will scale back bond buying. Copper, gold and crude oil led commodities higher.
U.S. stocks fell a third day amid concern an improving economy will cause the Federal Reserve to reduce monetary stimulus, while 10-year Treasuries advanced as the central bank bought debt. The pound climbed to near a two- year high against the dollar and crude oil surged.
We identified the top forecasters using estimates from the Bloomberg ECO survey for economic indicators in the euro zone and 10 countries. These nations, which were among the top 25 in GDP, had to have a minimum of two ranked forecasters making predictions for at least three indicators, including GDP, to qualify for our list.