{"id":20250,"date":"2019-09-10T10:03:18","date_gmt":"2019-09-10T09:03:18","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/?p=20250"},"modified":"2020-05-12T10:55:55","modified_gmt":"2020-05-12T09:55:55","slug":"gdp-steers-uk-away-from-recession","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/gdp-steers-uk-away-from-recession\/","title":{"rendered":"GDP Steers UK Away From Recession"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>GBP: <\/strong>The Pound initially soared on Monday morning, after the economic output in July increased by 0.3% from where it was in June&#8230;.<!--more--><span id=\"more-32986\"><\/span><\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/newsletter\" class=\"broken_link\">Sign up to our free newsletters<\/a><\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><strong>RationalFX<\/strong><\/p>\n<hr \/>\n<p>This is the biggest rise since January and beat all forecasted expectations, which pointed to a more modest rise of 0.1%.<\/p>\n<p style=\"text-align: justify;\">This is particularly surprising given how Brexit no-deal fears have recently kept economic output depressed, as uncertainty weighs on the performance of the UK economy.<\/p>\n<p>However, the gains were trimmed in the afternoon as further political uncertainty was whipped up by the announcement that John Bercow would be standing down.<\/p>\n<p style=\"text-align: justify;\">Due to the fact the speaker has been seen supporting the no-deal opposition, it has been interpreted by some as leading to an increase in the chances of a no-deal, as a more neutral replacement is likely.<\/p>\n<p style=\"text-align: justify;\">However, Bercow announced he would not be leaving his post until the 31st of October, after a likely delay.<\/p>\n<p style=\"text-align: justify;\"><strong>EUR<\/strong><\/p>\n<p style=\"text-align: justify;\">The Euro found some respite on Monday, after a report hinted that Germany may boost fiscal stimulus as a way of boosting growth in the region. Germany is considering the formation of  \u201cshadow budget\u201d as a way of enabling the government to boost public spending, without incurring the restrictions of debt rules.<\/p>\n<p><strong>Key Announcements <\/strong><\/p>\n<p>09.30 \u2013 GBP \u2013 Average Earnings Excluding Bonus (3Mo\/Yr) (Jul); expected to fall to 3.8% from previous 3.9%.<br \/>\n09.30 \u2013 GBP \u2013 ILO Unemployment Rate (3m) (Jul); expected to remain at 3.9%.<\/p>\n<p style=\"text-align: justify;\">Source : ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP: The Pound initially soared on Monday morning, after the economic output in July increased by 0.3% from where it was in June&#8230;.<\/p>\n","protected":false},"author":4,"featured_media":18258,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[320],"tags":[322,321,278],"class_list":["post-20250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-analysis","tag-gbp","tag-rationalfx","tag-sterling"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=20250"}],"version-history":[{"count":2,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20250\/revisions"}],"predecessor-version":[{"id":20252,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/20250\/revisions\/20252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/18258"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=20250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=20250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=20250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}