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UK GDP
UK GDP printed a bit lower than expected sending cable to retest the 1.6800 in what was otherwise a very quiet session of trade in the currency market as Japan was closed for holiday.
In UK the 1st quarter GDP printed at 0.8% versus 0.9% eyed rising at 3.1% annual pace rather than the consensus call of 3.2%. The gains were primarily in the service sector with hotels and catering expanding at 1.5% rate. However, agriculture, mining and electricity sectors all contracted possibly due to the tough …
In UK the 1st quarter GDP printed at 0.8% versus 0.9% eyed rising at 3.1% annual pace rather than the consensus call of 3.2%. The gains were primarily in the service sector with hotels and catering expanding at 1.5% rate. However, agriculture, mining and electricity sectors all contracted possibly due to the tough …