UK: NIESR GDP Estimate up 0.6% in August

FXStreet (Łódź) - The GDP Estimate released by the National Institute of Economic and Social Research showed that the UK economy grew by 0.6% in the three months up to August, up from the previous reading of +0.5%.

Sep 9, 2014

United Kingdom NIESR GDP Estimate (3M) increased to 0.6% in August from previous 0.5%

Pound suffering from Scottish referendum syndrome - FXStreet

FXStreet Chief Analyst Valeria Bednarik notes that the GBP is unable to climb higher on Tuesday, even though BoE governor Mark Carney signaled that the first rate hike would come in the spring of 2015.