News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Webinar: Live Event Coverage: UK GDP (Q1) with Martin Essex

Webinar: Live Event Coverage: UK GDP (Q1) with Martin Essex

2017-04-28 09:37:00
Martin Essex, MSTA, Analyst
Share:

Talking Points

- UK first-quarter economic growth fell to 0.3% q/q; below the expected 0.4%.

- However, the British Pound shrugged off the figures.

- Check out the DailyFX Economic Calendar and see what live coverage of key event risk impacting FX markets is scheduled for next week on the DailyFX Webinar Calendar.

UK economic growth was lower than expected in the first quarter of 2017. GDP expanded by just 0.3% quarter/quarter, below both the 0.7% recorded in the previous quarter and the 0.4% consensus among analysts polled before the release.

On a year/year basis, UK GDP grew by 2.1%, below the expected 2.2% but above the previous 1.9%.

In this video, recorded before and after the figures, I take a look at the main factors to watch when trading GBP/USD, EUR/GBP and GBP/JPY, including Brexit, the upcoming UK general election and geopolitical risk. I also look at the London stock market’s two main indexes, the FTSE 100 and the FTSE 250.

--- Written by Martin Essex, Analyst and Editor

To contact Martin, email him at martin.essex@ig.com

Follow Martin on Twitter @MartinSEssex

If you’re looking for trading ideas, check out our Trading Guides; they’re free and updated for the second quarter of 2017

If you’re looking for ideas more short-term in nature, check out the IG Client Sentiment Data

You can read about the figures in more detail here

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES