Tuesday, January 25, 2011

GBP:Britain's GDP likely slip

The situation suggests the existence of risks to revise down GDP data this afternoon. The reason for this is seen the weather since December has been one of the coldest on record. Moreover, there are signs that construction, which powerfully supported the growth in the previous two quarters, adjusted. In addition, there is talk that the periphery may even be a recession, taking into account the uncertainty than usual. However, the sterling this outcome is unlikely to be surprised.

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