Browsing Tag

UK Economy

What to Expect: UK GDP

The pound's recent rally against the USD might be getting into a bit of trouble. Risk sentiment is waning over the last couple of days. But, not to worry, tomorrow we have a host of economic data that could jolt the market. Key among…

GBP Crashes Lower on GDP Miss

UK Data Disappoints GBP has been back under selling pressure again this week as the latest data highlight further economic weakness. Monthly GDP figures released yesterday showed the UK economy shrank by 0.3% in December. This was far…

UK Banks Pass BOE Stress Tests

According to the stress tests carried out by the Bank of England this week, the UK banking sector is “resilient” enough to withstand even a worst-case “no-deal” Brexit scenario. Worst Case Scenario Each of the UK’s main banks underwent…