UK: Key reports for next days - Lloyds Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysts from Lloyds Bank take a look into next’s weeks economic reports from the United Kingdom.

    Key Quotes:

    “The Bank of England anticipates UK Q1 GDP growth to be similar to the current estimate of 0.5%q/q in Q4. There was, however, a sharp fall in the February PMI surveys, which may point to slight downside risks for Q1 GDP growth.”

    “We anticipate a small bounce in the March manufacturing PMI (Fri) to 51.0. The services PMI survey, which covers a significantly larger part of the economy, is not due until the following week.”

    “The Lloyds Business Barometer (Thu) will provide an early indication of March business sentiment across the whole economy. The current account balance for Q4 (Thu) could attract some attention in light of trade-weighted sterling’s fall to two-year lows.”
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