According to analysts at TD Securities, the big question mark for UK’s August GDP is the impact of the auto sector. Key Quotes “There are normally scheduled shutdowns in August every year, but most major auto manufacturers had shutdowns in April this year, in anticipations of disruptions stemming from the original Brexit date of 29 March. This had initially led us to pencil in a strong pick-up in August IP, since seasonal factors would have been ‘expecting’ a drop in activity that didn’t occur if the regular shutdowns already happened in April. However, anecdotal evidence suggests that at least some auto manufacturers did still go through with their regular August shutdowns, so any upside from IP should be limited.” “Overall, we look for August GDP to come in with a modest 0.2% gain (mkt: 0.0%), though this leaves the quarter on solid footing after the 0.4% increase in July.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Forex News Today: Daily Trading News share Read Next Bitcoin price prediction: BTC/USD consolidates ahead of a looming rally – Confluence Detector FX Street 3 years According to analysts at TD Securities, the big question mark for UK's August GDP is the impact of the auto sector. Key Quotes "There are normally scheduled shutdowns in August every year, but most major auto manufacturers had shutdowns in April this year, in anticipations of disruptions stemming from the original Brexit date of 29 March. This had initially led us to pencil in a strong pick-up in August IP, since seasonal factors would have been 'expecting' a drop in activity that didn't occur if the regular shutdowns already happened in April. However, anecdotal evidence suggests that at least some… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.