Hungary Trade Balance climbed from previous €603.3M to €605M in October

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Dec 23, 2015

GBP/USD finds support from UK current account deficit number

The GBP/USD is pointing southwards after the UK Office for National Statistics (ONS) revised the Q3 GDP lower, but the losses are being capped by a better-than-expected UK current account deficit.

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Dec 23, 2015

UK Q3 GDP revised downwards to 0.4 per cent

The third estimate of UK’s third quarter GDP was released today by the ONS. UK GDP in volume terms dipped to 0.4% between Quarter 2 2015 and Quarter 3 (July to Sept) 2015, down from the 0.5 per cent growth recorded at the second estimate. The figure is also below the preliminary estimate of GDP published on 27 October 2015. Year on year, the GDP was recorded at 2.1 per cent, down from 2.3 per cent registered previously and below consensus.

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