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UK Q2 GDP second estimate matches expectations

The UK GDP second estimate confirmed that the pace of growth in the UK economy slowed more-than expected in the second quarter of this year, as reflected by the preliminary figures.

The report showed that the GDP figures came in at 0.3% q/q in the second quarter of 2017, same as that booked in the first reading, and met expectations.

While on an annualized basis, the growth rate came in at +1.7% in Q2, unrevised from the flash readout.

 

GBP futures: one-way move so far

CME Group’s flash data for GBP futures saw open interest increasing by more than 2.5K contracts on Wednesday vs. Tuesday’s final reading at 216,494 co
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Russia sends nuclear-capable bombers on mission near S.Korea, Japan - RTRS

The latest headlines reviving geopolitical tensions, cite that Russia has sent nuclear-capable strategic bombers on mission over the Pacific Ocean, th
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