Our monthly Economic Review is intended to provide background to recent developments in investment markets. The bulletin also gives an indication of how some key issues could impact in the future.
In this month’s economic review we continue to look at the positive data coming from the UK which shows better than expected performance from the UK economy. Its interesting to note that official GDP figures released by the Office for National Statistics (ONS) show the UK economy grew more than all forecasts in a Reuters poll of economists. As investors continue to digest the latest rate cut by the federal reserve we see mixed results across the globe in relation to markets.
Our update this month includes the following headlines:
- UK Set to avoid recession
- Signs of slowing labour market
- Consumer caution abounds
- Economic cost of Brexit
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