Economic data defies Brexit uncertainty

Economic data defies Brexit uncertainty

Economic data out of the UK continues to defy Brexit uncertainty. First quarter growth rebounded from 1.4% to 1.8%. Markets are not expecting any dramatic near term breakthrough in the May-Corbyn Brexit negotiations. This Tuesday we look to the employment report to confirm the modestly positive outlook and provide support to the Pound.

GBP/PLN (06/05/19 - 13/05/19)

Source: Bloomberg Date: 13/05/19

Author: Enrique Diaz-Alvarez, Chief Risk Officer at Ebury

Keywords Ebury, GBP