Analysts at TD Securities suggest that the UK activity data dump confirmed thier bearish view of UK economic growth, with a strong 0.6% q/q print for 18Q3 driven almost entirely by July activity and a rebound from a negative trade shock in 18Q2. Key Quotes “Monthly GDP dynamics point to a stagnant economy, with the economy stagnant at 0.0% m/m for both August and September, confirming our long-held view that activity has lost all momentum on Brexit uncertainty and the unwind of one-off factors during Q2. The business investment figures in particular reinforce a view of an uncertain spending climate, with the sector showing negative q/q growth rates for three consecutive quarters.” 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 GBP/USD stays neutral in the short-term – UOB FX Street 4 years Analysts at TD Securities suggest that the UK activity data dump confirmed thier bearish view of UK economic growth, with a strong 0.6% q/q print for 18Q3 driven almost entirely by July activity and a rebound from a negative trade shock in 18Q2. Key Quotes "Monthly GDP dynamics point to a stagnant economy, with the economy stagnant at 0.0% m/m for both August and September, confirming our long-held view that activity has lost all momentum on Brexit uncertainty and the unwind of one-off factors during Q2. The business investment figures in particular reinforce a view of an uncertain spending climate,… Top 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.
