Your email has been successfully added to our mailing list.

×
-0.000449034575662237 -0.000449034575662237 0.000449034575662396 0 0.00179613830264943 0.00134710372698703 0.00134710372698703 0.00144589133363283
Stock impact report

Sterling stuck near 2018 low on Brexit uncertainty, stagnant growth [Reuters]

Barclays PLC (BCS) 
Company Research Source: Reuters
Sterling stuck near 2018 low on Brexit uncertainty, stagnant growth | Reuters Reuters Staff 2 Min Read LONDON (Reuters) - The pound traded near a five-month low of $1.33 on Friday, weighed down by worries over Brexit and signs of sustained weakness in Britain’s economy. Sterling had been one of the best-performing currencies in 2018, but weak economic data and a recent surge in the dollar have erased all of its gains for this year. Markets have radically scaled back expectations for when and how much the Bank of England will raise interest rates as economic growth slows. Data on Friday showed GDP grew just 0.1 percent in the first quarter, keeping the pound under pressure. “The overall picture remains one of slowing economic activity,” said David Cheetham, chief market analyst at XTB. Barclays, in a note to clients, cut its growth forecast for 2018 to 1.3 percent from 1.4 percent. At 1430 GMT, the pound was down 0.5 percent at $1.3318 as the dollar gained broadly. Weak construction an Show less Read more
Impact Snapshot
Event Time:
BCS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BCS alerts
Opt-in for
BCS alerts

from News Quantified
Opt-in for
BCS alerts

from News Quantified