UK: Upside risks for monthly GDP - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities point out that UK’s monthly GDP for February is released, and they see upside risks with a gain of 0.2% m/m (consensus: 0.0%), building on last month's surprising 0.5% print.

Key Quotes

“Underlying our forecast are small gains in services and IP offset by a contraction in construction. Data in the coming months is likely to be choppy, and we would read little into a single month's observation until Brexit uncertainty wanes.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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