Grim economic situation in the UK offsets sensible fiscal policy – Commerzbank
18.11.2022, 08:09

Grim economic situation in the UK offsets sensible fiscal policy – Commerzbank

Chancellor Jeremy Hunt did not cause a collapse of Sterling with his statement, but only damaged it. Bleak economic outlook dampens the prospects of the GBP, economists at Commerzbank report. 

Economically speaking things are not looking good for the UK

“Economically speaking things are not looking good for the UK. Hunt estimates that the economy is already in recession now and is therefore more pessimistic than the median of analysts. Hunt even expects a contraction of 1.4% in UK GDP (median of analysts: -0.5%). The island does not need a gas crisis to achieve that.”

“The fact that Sterling was able to stand up well also against the euro (good GBPUSD performance is not that difficult thanks to the collapse of the Dollar) might have been due to the fact that many thought a return to sensible fiscal policy might provide an additional boost for the UK currency. That did not happen though.” 

“The market is clever enough to consider sensible fiscal policy to be a necessary condition for Sterling stability and to also consider the economic situation (and the results of the BoE’s monetary policy) for its GBP valuation.”

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik