UK GDP Growth Rate YoY Prel (Q1) Y/Y 1.1% vs. Exp. 0.8% (Prev. 1%, Low. 0.6%, High. 0.7%)
The preliminary UK GDP growth rate for Q1 came in at 1.1%, outperforming expectations of 0.8% and slightly above the previous reading of 1%.
UK Chancellor Reeves says it is not the time to put economic stability at risk
Export licenses to China for hundreds of US beef plants that had just been renewed now listed as expired, Chinese customs says
UK GDP Growth Rate YoY Prel (Q1) Y/Y 1.1% vs. Exp. 0.8% (Prev. 1%, Low. 0.6%, High. 0.7%)
[MARKET ANALYSIS] JGB yields rise to multi-decade highs on hawkish BoJ speak
Notable FX Option Expiries for today's NY cut: Large EUR/USD near-the-money clips
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This stronger-than-expected growth signal suggests resilience in the UK economy, which could have implications for monetary policy as it may prompt the Bank of England to reconsider interest rate trajectories moving forward.
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