OctaFX | OctaFX Forex Broker
Open trading account

UK Autumn Budget: UK will be prepared for every possible Brexit outcome

Below are some of the key highlights from the UK government’s autumn budget, presented by Chancellor of the Exchequer Philip Hammond.

   •  Brexit talks in a critical phase
   •  Will set aside a further £3bln for Brexit preparations
   •  UK at last seeing debt peaking

   •  OBR forecasts on GDP growth:
       2017 - at 1.5% vs. 2% in March
       2018 - at 1.4% vs. 1.6% in March
       2019 - at 1.3% vs. 1.7% in March

   •  OBR forecasts on budget deficit:
       2017/18 - £49.9 billion (2.4% of GDP) vs. £58.3 billion (2.9% of GDP) in March 
       2018/19 - will be below 2% of GDP vs. 1.9% in March

USD/JPY seen at 115.00 in the medium term – Danske Bank

Senior Analyst at Danske Bank Morten Helt expects the pair to visit the 115.00 area in the next 6-months. Key Quotes “We still see USD/JPY moving hi
Read more Previous

BoC: Little urgency – BMO CM

Last week’s events reinforced the theme that the Bank of Canada is likely to remain very patient before moving rates higher again, according to Benjam
Read more Next
Start livechat