Select Language

UK GDP rebounds 0.1% MoM in November vs. 0.2% expected

Breaking news

UK GDP rebounds 0.1% MoM in November vs. 0.2% expected

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.01.16 16:02
UK GDP rebounds 0.1% MoM in November vs. 0.2% expected

update 2025.01.16 16:02

  • UK GDP jumped 0.1% MoM in November, missing the forecast.
  • GBP/USD retests 1.2200 after the UK economic data.

The UK economy returned to expansion, with the Gross Domestic Product (GDP) arriving at 0.1% in November after declining 0.1% in October, according to the latest data published by the Office for National Statistics (ONS) on Thursday. Markets expected a 0.2% growth in the reported period.

developing story ....


Date

Created

 : 2025.01.16

Update

Last updated

 : 2025.01.16

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Silver Price Forecast: XAG/USD jumps to near $31 as traders raise Fed dovish bets

Silver price (XAG/USD) moves higher to near $31.00 in Thursday's European session.
New
update2025.01.16 19:07

USD/SGD: Mild pullback risk for now - OCBC

USD/SGD is a touch softer as US Dollar (USD) strength paused while risk sentiments found support. Pair was last seen at 1.3671, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
update2025.01.16 18:57

NZD/USD: Only above 0.5650 a move to 0.5695 is likely - UOB Group

New Zealand Dollar (NZD) is expected to trade in a sideways range of 0.5600/0.5650. In the longer run, NZD must break and remain above 0.5650 before a move to 0.5695 is likely, UOB Group's FX analysts Quek Ser Leang and Lee Sue Ann note.  
New
update2025.01.16 18:39

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
New
update2025.01.16 18:30

USD/JPY: BoJ MPC is live - OCBC

USD/JPY fell in reaction to a volley of comments from BoJ officials, that seem to point to high likelihood of a hike at the upcoming MPC (24 Jan). Pair was last seen at 155.82 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
update2025.01.16 18:23

EUR/USD trades sideways as trades reassess Fed's monetary policy outlook

EUR/USD consolidates around 1.0300 in Thursday's European session.
New
update2025.01.16 18:22

AUD/USD: Seems to have enough momentum to retest the 0.6245 - UOB Group

Australian Dollar (AUD) seems to have enough momentum to retest the 0.6245 level; the chance of a sustained rise above this level is not high.
New
update2025.01.16 18:15

JPY: BoJ hike speculation continues to build - ING

Another day and another set of source stories ahead of next week's Bank of Japan meeting, ING's FX analyst Chris Turner notes.
New
update2025.01.16 17:58

USD/CAD climbs to 1.4385 amid sliding Oil prices, modest USD strength ahead of US data

The USD/CAD pair builds on the overnight bounce from the 1.4300 mark, over a one-week low and gains strong follow-through positive traction on Thursday.
New
update2025.01.16 17:55

DXY: Retail sales tonight - OCBC

US Dollar (USD) fell after core CPI underwhelmed expectations. But the pullback was also quickly retraced. DXY was last seen at 109.09, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
update2025.01.16 17:52

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel