UK budget may see 2017 economic growth outlook upgraded – BBG

Fergal O'Brien, Economics editor at Bloomberg, expects the Office for Budget Responsibility to update its forecasts this week as part of Chancellor Philip Hammond’s Budget, and take into account as well the economy’s momentum since its last outlook in November.

However, O’Brien goes on to add that recent signs of slower growth may mean any upgrade will be modest. There’s also a chance that projections for later years will be reduced.

EUR/GBP scope for further gains near term – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, EUR/GBP could extend its current strength in the short term. Key Quotes “The
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European Monetary Union Sentix Investor Confidence came in at 20.7, above forecasts (18.5) in March

European Monetary Union Sentix Investor Confidence came in at 20.7, above forecasts (18.5) in March
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