UK GDP YoY (Mar) Y/Y 1.2% vs. Exp. 0.7% (Prev. 1%, Low. 0.7%, High. 0.9%)
The UK GDP year-over-year figure for March came in at 1.2%, well above expectations of 0.7%.
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 YoY (Mar) Y/Y 1.2% vs. Exp. 0.7% (Prev. 1%, Low. 0.7%, High. 0.9%)
[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 beat, relative to the previous figure of 1%, suggests stronger economic momentum than anticipated, which could have implications for monetary policy and market sentiment toward the pound and UK assets.
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