Reply To: Traders Market Weekly: Santa Brought Coal in 2022


British Finance Minister Hunt warned that his country’s economy is expected to weaken before improving.
French President Macron said that pension reform plans will be announced on January 10.
Microsoft acquired a stake in the London Stock Exchange. Fitch affirmed the U.K.’s AA- rating with a Negative outlook.
U.K.’s October GDP 0.5% m/m (expected 0.4%; last -0.6%); 1.5% yr/yr (expected 1.4%; last 1.3%). October Industrial Production 0.0% m/m (expected 0.1%; last 0.2%); -2.4% yr/yr (expected -2.8%; last -3.1%). October Manufacturing Production 0.7% m/m (expected 0.1%; last 0.0%); -4.6% yr/yr (expected -5.4%; last -5.8%). October Construction Output 0.8% m/m (expected 0.1%; last 0.4%); 7.4% yr/yr (expected 6.5%; last 5.6%). October trade deficit GBP14.48 bln (expected deficit of GBP15.65 bln; last deficit of GBP15.66 bln)