1. Hello Guest Click here to check FX Binary Point Financial Directory

Key data from the UK next week - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Analysts at TD Securities noted the key events, besides the BoE, for the week ahead in the UK.

    Key Quotes:

    "October Industrial Production (8 Dec): We see downside risks to October’s manufacturing, which likely fell in October by 0.6% (consensus: 0.1%), after posting a healthy 0.8% gain in September. The sector is feeling the strains of a relatively high GBP, and will continue to weigh on UK growth. Luckily domestic demand in other sectors—particularly those related to consumer spending and services—are keeping the UK economy on a healthy growth track.

    October Construction Output (11 Dec): UK construction output has been trending lower in recent months, but we expect a small tick up (0.2% m/m) in October (consensus: 0.8% m/m) as activity in the housing sector was supported by rising house prices and mortgage applications, even if the PMI Construction declined during the month.
    For more information, read our latest forex news.

Share This Page