US treasury yields jumped yesterday and US futures fell after the second reading of US GDP growth for Q3 saw a large upward revision.
The UK's surprise economic recovery looks on course to continue as Chancellor George Osborne raised his forecast for UK growth over the next few years.
Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.
Bank of England governor Mark Carney has said the UK economy is recovering and does not need a further expansion of the quantitative easing (QE) programme.
The UK economy grew by 0.7% in the second quarter of 2013, a higher than previously estimated figure, according to latest figures from the Office for National Statistics (ONS).
The UK economy delivered growth of 0.3% in the first quarter of the year, the final reading from the Office for National Statistics has confirmed, but revisions to previous readings mean there was no 'double-dip' recession.
George Osborne's austerity plan came under attack today from the International Monetary Fund (IMF) after it downgraded the outlook for UK growth by more than any other advanced economy.
Charlotte Moore looks at the the challenges and opportunities of investing in the US.
Hannah Brenton looks at the ONS's figures for UK plc's performance in 2012.