UK GDP arrives at 0% MoM in July vs. 0.2% expected
Source Fxstreet
- UK GDP comes in at 0% MoM in July vs. 0.2% forecast.
- GBP/USD battles 1.3100 after the UK data.
The UK economy showed no growth over the month in July after stalling in June, the latest data published by the Office for National Statistics (ONS) showed on Wednesday. The market forecast was for a 0.2% growth in the reported period.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Here is what you need to know on Monday, May 25:
Silver price (XAG/USD) rises nearly 4% after registering losses in the previous day, trading around $78.50 per troy ounce during the Asian hours on Monday.
Gold (XAU/USD) trades lower for the second consecutive day on Friday, but remains contained within previous ranges, with downside attempts limited above the $4,500 line for now.
The US President Donald Trump administration said that Trump will swear in Kevin Warsh as the chair of the US Federal Reserve (Fed) on Friday at the White House, Reuters reported on Thursday.
Nvidia Q1 Revenue Surges 85%, Data Center Business Accounts for 90%, Blowout Results Fail to Stop Stock VolatilityAs the absolute leader in the global AI industry chain, NVIDIA ( NVDA) delivered a quarterly earnings report that surpassed Wall Street's general expectations as anticipated.After the mar
As the absolute leader in the global AI industry chain, NVIDIA ( NVDA) delivered a quarterly earnings report that surpassed Wall Street's general expectations as anticipated.After the mar
Related Instrument
