Annual inflation in the Organisation for Economic Co-operation and Development (OECD) area remained stable in April at 2.1%, although food and fuel prices rose.
Britain and France are at odds with other European Union countries over plans to insure against future bank failures, in another sign of the problems in trying to forge a common response to the bloc's economic woes.
The economic monopoly enjoyed for so long by the US is set to come to an end, with Bric countries moving in to replace it, Robin Geffen says.
The Government's claim that Britain is one of the better performers among the advanced economies has received a boost from the OECD.
While the outlook for the market remains uncertain, the US recovery is showing clear signs of progression.
John Husselbee's North Investment Partners has constructed its own structured note to effectively short government bonds across the manager's range of multi-manager funds.
Neptune Japan Opportunities manager runs a consolidated portfolio of evenly sized holdings of between 2% and 3%