FTSE 100 Hit by Selling, but Dax and Nasdaq 100 Show Signs of Stabilising
In London the FTSE 100 has struggled in early trading, but elsewhere indices have seen some early buying after recent losses.
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In London the FTSE 100 has struggled in early trading, but elsewhere indices have seen some early buying after recent losses.
The UK economy expanded at a robust pace in the June, beating forecasts. Manufacturing and industrial production data also exceeded estimates.
The latest UK growth data showed the economy in slightly better health than previously thought. Next week, the latest inflation and jobs releases will be key for Sterling moving forward
EUR/GBP remains rangebound while GBP/NZD continues to push higher as traders wait for Friday’s UK GDP data
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