Charles Purdy
on July 14th, 2022 The pound is still trading at strong levels against the euro this morning. This follows better-than-expected GDP figures, which were released earlier this week.
The figures revealed that the UK economy grew 0.5% in May, better than the 0.0% predicted. This has confirmed that the economy is faring better than initially thought.
The UK’s data calendar is fairly empty for the rest of this week and the markets will now be looking to inflation data due next week.
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