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UK finance minister says low growth is not a surprise

UK finance minister says low growth is not a surprise

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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UK preliminary Q4 GDP -0.3% vs -0.1% q/q expected

UK preliminary Q4 GDP -0.3% vs -0.1% q/q expected

Prior -0.1%GDP -0.2% vs +0.1% y/y expectedPrior +0.3%That's a worse reading than expected and it reaffirms a technical recession in the UK in the second half of last year. As a whole in 2023, UK GDP is estimated to have increased by just 0.1%. Excluding the Covid...

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UK December monthly GDP -0.1% vs -0.2% m/m expected

UK December monthly GDP -0.1% vs -0.2% m/m expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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UK GDP data on the agenda in the session ahead

UK GDP data on the agenda in the session ahead

UK data have been a mainstay this week and things will continue today with the GDP data. We will be getting the monthly numbers for December and the preliminary estimates for Q4 2023. On the latter, the UK economy is expected to contract again by 0.1% and reaffirm a...

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Mostly light changes ahead of European trading

Mostly light changes ahead of European trading

All eyes are on the slew of US data today and that is keeping markets on edge a little at the moment. There hasn't been a real follow through to the post-CPI moves and it looks like traders are looking to more data today to try and confirm that. In the major...

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The focus turns back towards US data today

The focus turns back towards US data today

The post-CPI reaction is lacking follow through and I'd pin that on the bond market mostly. 10-year Treasury yields did jump higher on Tuesday to break out of range, but is finding itself limited by its 100-day moving average for now:US Treasury 10-year yields (%)...

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