France Producer Prices (MoM) increased to -0.1% in July from previous -0.2%

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Aug 28, 2015

GBP/USD trims gains near 1.5425, UK GDP in focus

GBP/USD recedes the early spike towards 1.5450 levels, although remains bid, as the greenback halted its correction lower and appears to resume its recent upward trajectory. While focus now shifts back to the UK growth figures - second estimate due later in the session ahead.

European stocks tipped-off for a steady start ahead of UK GDP

European indices are expected to open the last trading session of the week on a flatter note, shrugging off strong performances staged by their US and Asian counterparts as markets remain cautious ahead of key data release during the session –UK GDP and German CPI.