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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

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