020 7898 0500The news just before Christmas was the UK GDP release on Friday. The 0.4% growth in the UK’s Gross Domestic Product between Q2 and Q3 saw sterling rising to above €1.13 before slipping back over the long holiday weekend (except for the Christmas Day blip).
One data release today is the BBA Mortgage Approvals for November. This offers only a partial picture of UK housing demand but will be looked on with interest as we look for clues as to the likely performance of the British economy in this second year of our post-referendum future. Plus, it’s the only data release until next week.
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