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The UK economy continued to grow in February as a result of Brexit investment in business



Good morning, and welcome the ongoing coverage of the world economy, financial markets, the euro area and business.

Today we find out how the British economy in February, against Brexit and a global economic downturn.

The German GDP report is to be at 9.30 am today. There is a range of domestic economies, from 0.3% strong growth to 0.2% shaking. But the consensus was that there was no growth during the month.

Company and business companies are expected to grow slowly, with the construction result fallen.

This would mean that the UK would grow 0.2% in the last fourth, the same as a month ago, after 0.4% in December but 0.5% in January.

UK GDP

UK GDP Photograph: ONS

If so, it would recommend that the Theresa May's failure to conquer the Brexit contract throughout the parliament would leave the economy. The eurozone would have suffered an economic weakening, and the impact of the US trade dispute with China, was also blamed.

This morning data is also expected to show that Britain ran its traditional trade deficit in February, at around £ 3.9bn.

Auditors of TD Securities say: t


“Our premise is the small benefits of services and IP organized by contraction in construction.

Data in the coming months are likely to be tidy, and we read it in one month's view to see uncertainties for Brexit. ”

Also coming up today

Residents will look at it Frankfurtthe European Central Bank holds a financial policy meeting. There are, however, no fireworks expected Lukman Otunuga, The search engine at FXTM explains:


Mario Draghi and her fellow fellow policy makers are expected to sit on their hands this month, with little space to move close to major clan chiefs.

While there are political consequences in France and in the uncertainty of Brexit beyond central bank control, the IMF has highlighted these factors as reducing pressure on growth leaving the ECB for t spend time and see how these risks are reflected in the right economy.

They will then alert them Brusselswhere European leaders are due to comment on the UK's newest Brexit extension application (there seems to be a long delay).

On the physical face, the chain of supermarkets Tesco it has just risen in profit by 30%, because its moving plan has fruit. UK salesmen Duntulm and ASOS they also discuss results today.

Ashley Armstrong
(@AArmstrong_says)

Tesco's sales continued with 11.2% to £ 63.9bn and profits jumped by 28% to £ 1.7bn – giving Dave Lewis the best vision.


April 10, 2019

The agenda

  • BST: UK GDP report for February
  • BST: UK trade and business figures for February
  • 12.45pm BST: Conclusion of flat rate of the European Central Bank
  • 1.30pm BST: ECB press conference. T


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