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UK GDP is key - TDS

FXStreet (Guatemala) - Analysts at TD Securities noted the UK 2015Q3 GDP coming up next week on 27 Oct.

Key Quotes:

"Risks are balanced around the UK’s 15Q3 GDP reading – we expect an on-consensus 0.6% q/q print. Economic momentum was maintained through the middle of the year, and slack in the economy (which the BoE estimated at around 0.5% in the August Inflation Report) is now being worked off steadily by above-trend growth. Coupled with healthy real wage growth and a return of inflation to the 1-3% range, this should help lay a solid foundation for the MPC to begin increasing Bank Rate in May 2016."

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