Webinar: Live Event Coverage: UK GDP (Q1) with Martin Essex
- UK first-quarter economic growth fell to 0.3% q/q; below the expected 0.4%.
- However, the British Pound shrugged off the figures.
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 email@example.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
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You can read about the figures in more detail here
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