Market insights

Newsflash - 12th August 2021

Good morning,

UK GDP information in this morning at 7am.


Q2 YoY expected 22.1% growth 22.2% actual growth

Q2 QoQ expected 4.8% growth 4.8% actual growth

There was initial volatility at 7am which has died down again leaving the GBP/EUR rate where it was and holding recent gains. GBP/USD also had a bump up yesterday on the back of US CPI data and the gains have held this morning.

Looking ahead today we have the Initial Jobless Claims in the US in the early afternoon.

As ever we look forward to keeping you in the loop and look out for our next update.

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Today's Economic Calendar

US: 13:30 Initial Jobless Claims

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