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Posted 58 min ago
UK GDP August Report Due; Tech Stocks Slide on Inflation Fears
UK GDP data for August arrives at 7am BST alongside Eurozone industrial production and US jobless claims and producer prices. Markets are pricing persistent inflation risk and "higher-for-longer" rates, pressuring equities and interest-rate-sensitive assets. GBP traders focus on demand strength—the key variable feeding into BOE inflation expectations ahead of Bailey speeches later today.
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Latest Updates
36 minutes ago
UK Services Output Flat in August 2026
UK Index of Services showed no growth in August, seasonally adjusted. The release provides a snapshot of service-sector health but lacks the inflation or labour-market intensity that typically moves sterling. Traders watch for broader growth signals from GDP data instead.
https://www.ons.gov.uk/releases/indexofservicesukaugust2026New to MyTradingLand?
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