Massively unexpected event has just happened

[TimberWolf]

Bank of England governor Sir Mervyn King has predicted that the economy will continue to zig-zag between growth and contraction this year.

Have his predictions any credibility? Mervyn inflation will be 2% King.

[SimonMac]

I thought this would be about Churchill apologising.

[SantaClaus]

The big players in the market use news as an excuse to move price where they want, usually triggering stops.

Analysts and journalists try to "retro-fit" a reason for any move they don't understand.

[BrilloPad]

Shock slowdown in UK growth as GDP contracts 0.3pc - Telegraph




Who could have even dreamed this would happen?

You are right. Pure hpe. The telegraph standards are going down and down. I might as well look at the wail website.

[MarillionFan]

Straight from the Torygraph quote.

FTSE 100 - London Stock Exchange

[DimPrawn]

The FTSE hasn't move. Where do you get this bollocks from.

Straight from the Torygraph quote.

[eek]

Shock slowdown in UK growth as GDP contracts 0.3pc - Telegraph




Who could have even dreamed this would happen?

So they've marked last quarter down slightly to ensure this quarter is vaguely positive and hence no recession.

Who would have thought it.

[MarillionFan]

Shock slowdown in UK growth as GDP contracts 0.3pc - Telegraph




Who could have even dreamed this would happen?

The FTSE hasn't move. Where do you get this bollocks from.

[DimPrawn]

Shock slowdown in UK growth as GDP contracts 0.3pc - Telegraph

The FTSE 100 and sterling fell after the unexpected data.

Who could have even dreamed this would happen?