UK Economy Defies Brexit Forecasts

OVERVIEW Black Friday and a Thanksgiving hangover has led to quiet markets today with currencies generally falling flat. The second estimate of Q3 UK GDP was unchanged at 0.5%, confirming the UK economy is performing well. U.S. stock markets hit fresh record highs as the rally continues.  HIGHLIGHT UK GDP growth in the three months during and following the UK referendum was a solid 0.5%, with surprising growth from business investment and net trade. US DOLLAR The Dollar remains strong in quiet trade as the US markets are effectively closed for another day. BRITISH POUND The Pound is steady today…

Source: XE news feed
UK Economy Defies Brexit Forecasts