New Revised GDP Figures: reduce in UK and China, but it still represents a positive forecast. Sterling decreases as a result of these events and more pounds in the market.

Today the British Chamber of Commerce met together to revise down the data about the economic output and growth this year for the UK. According to the office, UK’s GDP will have a growth of 0.6 percent instead of 0.8 percent. This result, however, given the actual conjuncture in Europe and thus, in the world, means that no matter what Britain will escape from the phantom of recession, taking into consideration the -0.2 percent in growth performed in Q4 2011. ....Read More