Monday 12 August 2019

Good morning


According to data released on Friday, the UK economy slowed from 1.8% in 2018 to 1.2% in 2019, pointing to stagnation and a stalling economy.

On-going ‘hard-Brexit’ discussions have pushed Sterling lower, seeing GBP/EUR almost at a 10 year low of 1.0730 late Friday and with GBP/USD down at 1.2050.


No major economic release today with France, Spain and Italy ‘closed’ Thursday for Assumption Day.


Have a great week.