December reading released by NIESR on UK's GDP, released ahead of schedule - 10 January 2018
- Prior +0.5%; revised to +0.6%
- Estimates that UK economy expanded 1.8% in 2017
Just an indicator of what to expect from UK GDP in the 3 months to December (essentially Q4). Cable is now trading at 1.3555 on the back of dollar weakness while EUR/GBP is markedly higher on the day at 0.8861 - near session highs of 0.8865.
![](http://az705044.vo.msecnd.net/20180110/10-1-2018-8-07-48-pm.png)