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3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry
After Thursday’s gross domestic product data from Europe, today’s main events will centre on data from the United States. Markets will likely be dominated by news from Ukraine. Yesterday, Russia’s president Vladimir Putin stated that he wanted to avoid conflict, but by nightfall Western journalists witnessed Russian armoured vehicles crossing the border into Ukraine. Putin has two choices – either Russia offers military support to the Ukrainian separatists, or the Ukrainian army will mow the separatists down. UK Q2 Gross Domestic Product (08:30 GMT). This is the second estimate and is expected to leave the ... (full story)
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