UK Market Narrative Mon 11 Feb 19: GDP blow to GBP
Weaker than expected GDP figures for the UK showing a Q4 ’18 growth of just 0.2% dented the FTSE100s rise today momentarily but did precipitate a sharp drop in GBP vs USD which in turn redressed any weakness in the UKX. The result was a net rally for the large caps with UKX up 0.8%, however the MCIX also rallied … Read More