Market insights

UK GDP On The Horizon - MI270324

The data today starts with the UK Financial Policy Committee meeting minutes.

This is followed by Eurozone consumer confidence. A negative figure is expected for this, which, as you would expect, is seen as a bearish view on the Eurozone economy.

Into the early hours of tomorrow there's Australian retail sales numbers before the big data out at breakfast time.

Tomorrow morning sees the UK's GDP number. Analysts are expecting quarterly contraction of -0.3%.

This will be a closely followed number for anyone trading a currency pair involving Sterling.

Business news centres on the tragic situation around the Baltimore bridge collapse and the knock on effect it might have on the local economy.

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Economic calendar

UK: 09:00 FPC Statement

EUR: 10:00 Consumer Confidence

AUS: Thursday 00:30 Retail Sales

UK: Thursday 07:00 GDP Report

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

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