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NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
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GBPMarketsTechnical Analysis

GBPUSD rises after UK GDP and industrial production data

UK GDP grew by 0.4% m/m, compared with expectations of 0.0% and 0.3% previously.

  • On a 3M/3M basis, GDP increased by 0.4%, compared with the 0.3% forecast and 0.4% previously.
  • GDP grew by 1.6% y/y, versus expectations of 1.0% and 1.1% previously.
  • UK industrial production rose by 0.2% m/m in August, compared with an expected decline of 0.2% and a previous drop of 0.2%.
  • Industrial production increased by 0.6% y/y, versus the 0.2% forecast and a previous decline of 0.2%.
  • Manufacturing production rose by 0.9% m/m, compared with expectations of 0.2% and a previous decline of 0.5%.
  • Manufacturing production increased by 2.6% y/y, versus 0.5% previously.
  • The goods trade balance came in at -GBP 20.96 billion, compared with expectations of -GBP 22.4 billion and -GBP 23.01 billion previously.
  • The non-EU goods trade balance stood at -GBP 9.66 billion, versus -GBP 10.45 billion previously.
  • Construction output increased by 0.1% m/m, in line with expectations of 0.1%, following a 0.1% decline previously.
  • Services output rose by 0.4% m/m, compared with 0.0% previously.

GBPUSD chart (H1 interval)

Source: xStation5

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