Beyond Currency

13 November 2020 - Economy struggling to maintain Q3 bounce


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"The UK economy grew by 15.5% in the three months to September but remains around 25% smaller than it was pre-Pandemic.
In comments made following the publication of the Q3 GDP data, Chancellor Rishi Sunak admitted to concerns that the economy was slowing before the country went into the current lockdown but went on to say that there are signs that give him a cautious optimism and the news of a vaccine provides a genuine chance of a return to normal.
It is obvious that the regional restrictions that were in place prior to the lockdown started in motion a fall in activity and the Bank of England's latest data predicts a 2% fall in GDP in Q4.
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Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
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