According to analysts at Danske Bank, in the UK, monthly GDP data for March is due out and hence will provide a full overview of GDP growth in Q1. Key Quotes “GDP growth was solid in January and February, so quarterly GDP growth was probably around 0.5% q/q. This is quite high, but growth was likely supported by companies making Brexit preparations. We expect GDP growth will slow again to around 0.2% q/q in the coming quarters.” “In the US, we have CPI inflation for April. We expect CPI core rose +0.2% m/m in April, implying a small increase to 2.1% y/y from 2.0% y/y. The inflation data should not change the Fed being firmly on hold.” “Markets will today scrutinise the Trump administration’s decision to raise tariffs to 25% on about USD200bn of goods. Moody’s has said that a full trade war could push the US economy into recession in 2020.” 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 FXStreet News share Read Next US: China do to retaliate against the tariffs? – TDS FX Street 3 years According to analysts at Danske Bank, in the UK, monthly GDP data for March is due out and hence will provide a full overview of GDP growth in Q1. Key Quotes "GDP growth was solid in January and February, so quarterly GDP growth was probably around 0.5% q/q. This is quite high, but growth was likely supported by companies making Brexit preparations. We expect GDP growth will slow again to around 0.2% q/q in the coming quarters." "In the US, we have CPI inflation for April. We expect CPI core rose +0.2% m/m in April, implying a small increase to… 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.
