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Cyprus Eastern Forum Index » Coffee Shop Chat » Sterling drops after GDP data confirms economic slowdown
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Sterling drops after GDP data confirms economic slowdown 
Post: #1   PostPosted: Mon Feb 11, 2019 1:14 pm Reply with quote
Steve - SJD
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Sterling drops after GDP data confirms economic slowdown

Sterling extended its fall on Monday after data showed that Britainís
economy last year grew at its slowest since 2012, with Brexit uncertainty
hitting investment.

The quarterly GDP numbers followed other data in recent weeks that paint a
picture of a UK economy slowing into 2019 as businesses and consumers
grow increasingly nervous about Britainís departure from the European
Union.

Gross domestic product growth in the final quarter of 2018 fell to a quarterly
rate of 0.2 percent from 0.6 percent in the previous quarter Ė in line with
the average... [
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Post: #2   PostPosted: Mon Feb 11, 2019 2:20 pm Reply with quote
devil
Joined: 28 Jul 2008
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Location: Mosfiloti

 
Back to 1.14 and dropping.

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Post: #3   PostPosted: Wed Feb 13, 2019 3:45 pm Reply with quote
Mr Tibbs
Joined: 14 Apr 2011
Posts: 9944
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Location: ROC

 
I've made 5k in 2 months on a punt that the ginger dork would soften his stance on his Chinese trade war and wall obsession. Forex predictions are something else though.

Time perhaps to move into the FTSE on the basis that, after an A50 extension the idiots, supposedly in charge of Brexit "negotiations," will settle for being in the EU, without actually being in the EU.

That will certainly be a sell before the next GE.
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Sterling drops after GDP data confirms economic slowdown 
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