Friday, June 27, 2014

U.K. Confirms First-Quarter Expansion, Pound Trades Near 5-Year High

U.K. GDP for the first quarter confirmed that Britain expanded 0.8 percent, adding to evidence that recovery is moving on the right track. The final reading remained unrevised at 0.8 percent, in line with analysts’ forecast, where on the year the reading was revised down to 3.0 percent from 3.1



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