According to analysts at TD Securities, UK’s 19Q1 GDP came in as TDS, the consensus, and the Bank of England expected, at 0.5% q/q. Key Quotes “Details of the quarterly report showed the first gain in business investment (+0.9% q/q) since 2017, which will give the BoE some comfort. Ahead of the (initial) March 29 Brexit deadline, firms were building significant inventories, and this contributed strongly to growth. Government spending was also very strong, likely due to expenditures on No-Deal preparations. On a monthly basis, March GDP growth slipped 0.1% (mkt/TD: 0.0%) on account of weak services (-0.1% m/m) and construction (-1.9% m/m) output. The manufacturing sector recorded a third consecutive monthly gain at 0.9% m/m.” 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 Central Banks: Space to deliver more easing, if required – Standard Chartered FX Street 3 years According to analysts at TD Securities, UK's 19Q1 GDP came in as TDS, the consensus, and the Bank of England expected, at 0.5% q/q. Key Quotes "Details of the quarterly report showed the first gain in business investment (+0.9% q/q) since 2017, which will give the BoE some comfort. Ahead of the (initial) March 29 Brexit deadline, firms were building significant inventories, and this contributed strongly to growth. Government spending was also very strong, likely due to expenditures on No-Deal preparations. On a monthly basis, March GDP growth slipped 0.1% (mkt/TD: 0.0%) on account of weak services (-0.1% m/m) and… 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.
