UK GDP

27 April 2018 U.K. GDP Shock Dents Pound Sterling Outlook, but too Early to "Throw in the Towel" on Positive Outlook says one Analyst

Economic growth data may prove market-moving for the British Pound ahead of the weekend as it will cement expectations as to whether or not a May interest rate rise is on.

29 March 2018 Positive Surprise as UK Business Investment Revised Up 0.3% in Q4

 The third and final estimate of Business Investment in Q4 2017 was revised up by 0.3% quarter-on-quarter (QoQ) from a second estimate of only 0.0% on Thursday, according to data from&nbs…

22 February 2018 Pound Sterling: UK Growth Revised Lower but Unlikely a Game Changer for the BoE

Thursday’s data will inevitably fill column inches but it is unlikely to prove a game changer for the Bank of England and Pound Sterling

01 February 2018 Bank of England Interest Rate Rise Coming in May say UBS as they Raise Economic Growth Forecasts

Economists at global financial services giant UBS have told clients they believe the Bank of England will raise interest rates in May.

30 January 2018 Gloomy Economic Forecasters at Risk of Getting it Wrong Again in 2018

“A key reason why most forecasters were too gloomy about the UK economy last year was that Brexit related uncertainty was much less damaging than they had expected,” - Jonathan Loynes, chief econom…

26 January 2018 British Pound Reacts to Better-than-Forecast GDP Data

The British Pound went higher after GDP data came in almost four times as strong as the post-referendum consensus prediction.

06 October 2017 UK GDP Forecasts Cut at Bank of America, Timing is Everything When it Comes to Brexit Transition

Analysts at Bank of America Merrill Lynch have cut their forecasts for the UK’s economy saying a combination of interest rate rises, Brexit uncertainty and subdued consumer confidence will weigh.

29 September 2017 British Pound Tumbles on Data Dump, BoE's Broadbent Ahead

The ONS has released a tranche of economic statistics on Friday, September 29 including GDP, Business Investment and the Current Account.

25 July 2017 UK GDP Fails to Inspire Pound Sterling

Pound Sterling is failing to convince us that it is ready to deliver a shot of upside at present.

29 June 2017 Economists at Lloyds Gloomy on UK Economic Outlook

The UK economy will see its growth rate fall below its longer-term trend over coming months warns analyst Nikes Sawjani at Lloyds Bank.

25 May 2017 UK GDP Data Revised Lower, Pound Sterling Ignores it

The ONS has revised UK growth for the first quarter of 2017 down a notch blaming the rise in inflation.

28 April 2017 UK Economic Growth Data for Q1 2017 Disappoints as Hotels and Restaurants see Slower Trade

The UK economy grew by 0.3% in the first quarter of 2017 - a rate that was worse than analyst were expecting.

22 February 2017 UK GDP Data: Cracks Starting to Appear

The talk for Sterling in the mid-week session centres on news UK economic growth for the final quarter of 2016 was greater than previously anticipated.

26 January 2017 British Pound Cements Gains on Robust Economic Growth Data

Pound Sterling will find some guidance from the release of Q4 2016 GDP data due for release at 09:30 GMT by the ONS.

05 December 2016 The UK Economy to Grow 0.5% in 4th Quarter Suggest Services, Construction and Manufacturing PMI Data

Services PMI data released on Monday November 5 caps the strong start to the month for UK Economy and ensures 2016 will end on a positive note.

25 November 2016 Jump in Export and Business Investment Underpins UK Economic Growth

Surprise rise in business investment seen as another major blow to Brexit doomsayers.

26 October 2016 Sell British Pound "on the Bounce" Against Euro and Dollar: Strategy Trumps Good GDP Data and Nissan News

The Pound to Euro exchange rate looks exposed to sharp downside says one analyst, however others are more sanguine on Sterling’s prospects.

25 August 2016 Best Performance for Pound to Euro Exchange Rate in 5 Weeks, but Studies Suggest Eventual Test of 1.13 Remains Likely

With Pound Sterling turning lower on Thursday 25th of August owing to technical shifts in the foreign exchange market, we turn to a number of respected analysts to divine where the GBP/EUR conversi…

27 July 2016 British Pound Sold Against Euro and Dollar Despite Strong Housing & GDP Stats as Rate Cut Expectations Dominate Focus

UK economic growth has defied expectations and risen at a greater-than-expected rate for the period leading up to the EU referendum. A weaker Pound can be thanked.

11 July 2016 UK has Entered Recession say Barclays, Release GDP Forecasts for 2016 - 2017

The UK economy is now contracting and is expected to do so into 2017 while inflation is forecast to pick up towards 2%.

What Moves GBP/EUR and How to Respond: An Explainer

Pound Sterling Heads For a Weekly Loss Against Euro and Dollar

Dollar Strength Ramps Up, Pound Eyes 6 Daily Losses on the Trot

Euro Looks to ECB's September Hike