UK: Q3 GDP in the limelight today - TDS

We get details of the UK’s Q3 GDP report today (likely unrevised), and we’ll be closely watching to see how business investment performed in the wake of the Brexit vote, suggests Research Team at TDS.

Key Quotes

“We know that household spending has held up well, but consensus is looking for a sharpish 1.0% q/q deterioration in business investment reflecting heightened uncertainty. November’s CBI retail survey is also released, with markets looking for an unwind in reported sales from last month’s strong print to a reading of 12.”