CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
UK GDP could wake sluggish pound, but the outlook is far from rosy
The UK’s first-quarter GDP print could be a good one, but will everything be as it appears?
Analysts at EY ITEM Club expect an uptick in growth during the months in what should have been the final quarter before the UK began its transition out of the European Union. A frantic few months, several baffling votes, and two extensions later, and the government now has until October to figure it out.
It’s longer than we need, Theresa May boldly claimed, seemingly having forgotten how the last few months have unfolded. Since then the political front has fallen eerily quiet, but the same cannot be said for businesses.
Brexit preparations to inflate growth figures?
If the UK economy did indeed pick up pace at the start of 2019, it could be because companies were busy stockpiling ahead of – what seemed at the time – an almost unavoidable no-deal Brexit.
PMIs for the quarter have made unpleasant reading; March saw the key services index collapse into contraction territory with a 48.9 reading. Construction, meanwhile, recorded the first consecutive output decline since August 2016.
Manufacturing, on the other hand, hit a 13-month high of 55.1 during March. The key phrase from survey-conductors Markit, though, was “The impact of Brexit preparations remained a prominent feature at manufacturers in March. Efforts to build safety stocks led to survey-record increases in inventories of both purchases and finished products”.
It’s even possible that consumers have been stockpiling, and that this will increase growth as well.
How will sluggish pound respond to growth data?
Brexit and the associated political drama have worked to effectively anaesthetise sterling from economic data. Even key data like services PMIs have been met with a muted response of late; until the outcome of the Brexit negotiations is known, the economic calendar for the UK is somewhat moot.
Markets.com is the state-of-the-art trading platform provided by Markets.com. As part of Finalto Trading Ltd, a constituent of Playtech, a FTSE 250 listed company, at Markets.com we have deep knowledge of the financial markets and an incredible range of resources to continually raise the bar in the world of financial trading.
Financial products traded on margin carry high degree of risk to your capital. Spread bets, CFDs and Forex are complex high risk instruments and therefore are not suited to all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FX, Spread Bets and CFDs are provided by Finalto Trading Ltd on an execution only basis; we do not provide any advice nor should any communication with us, either written or oral, be construed as such.
Finalto Trading Ltd is authorised and regulated by the Financial Conduct Authority (FCA), registration number 607305. Finalto Trading Ltd is incorporated in England and Wales under company number 08663212 and whose registered address is at 11th Floor Broadgate Tower, 20 Primrose Street, London, England, EC2A 2EW.
CFD and Investment Strategy Builder accounts are provided by Finalto Trading Ltd. Share Dealing accounts are offered in selected jurisdictions by Safecap Investments Limited (a company registered in Cyprus and regulated by CySEC under license number 092/08).
The information on this website is not directed at residents of the United States, Japan, Canada, Belgium or any other country outside of the UK where such distribution or use might be contrary to local laws and regulations.
Client’s funds are kept in segregated bank accounts
FSCS Investor Compensation up to GBP85,000
*depending on criteria and eligibility
£1,000,000 insurance cover**
Negative Balance Protection
Markets.com operated by Finalto Trading Ltd. Regulated by the Financial Conduct Authority (“FCA”) under licence number 607305.
Clients’ funds kept in segregated bank accounts
Negative Balance Protection
$1,000,000 insurance cover**
Markets.com, operated by Finalto (Australia) Pty Ltd Holds Australian Financial Services Licence no. 424008 and is regulated in the provision of financial services by the Australian Securities and Investments Commission (“ASIC”).
Selecting one of these regulators will display the corresponding information across the entire website. If you would like to display information for a different regulator, please select it. For more information click here.
**Terms & conditions apply. Click here to read full policy.
Marketsi An individual approach to investing.
Whether you’re investing for the long-term, medium-term or even short-term, Marketsi puts you in
control. You can take a traditional approach or be creative with our innovative Investment Strategy Builder tool,
our industry-leading platform and personalised, VIP service will help you make the most of the global markets
without the need for intermediaries.
Tracking cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
We’ve noticed you’re on the site. As you are connecting from a location in the you should therefore consider re-entering , which is subject to the product intervention measures. Whilst you’re free to browse here on your own exclusive initiative, viewing the site for your country will display the corresponding regulatory information and relevant protections of the company you choose. Would you like to be redirected to ?