London GDP expands while European markets struggle
The London market had some good news, with the GDP expanding by 0.2% in the second quarter. However, the overall, European markets are expected to start off on a lower note.
London GDP
The London market had some good news, with the GDP expanding by 0.2% in the second quarter. However,the overall, European markets are expected to start off on a lower note.
The UBS
The UBS is changing its name and strategy globally. This means that they are erasing the name of another bank, Credit Suisse, and coming up with something new. Although there isn't much excitement in the market today, the speaker points out that the value of the GBP is something to keep an eye on because it's interesting.
The FTSE 100
The FTSE 100, which is an index that shows how well the stock market is doing in the UK, is going down and expected to have a lower start to trading.
The Hang Seng
When it comes to the Asia-Pacific markets, things haven't been going well for China this week. Hang Seng, went down, and the ASX200, which represents the Australian stock market, also lost some of its gains from the previous day.
In conclusion, the overall feeling in the market is mixed. There's some good news, but do expect some markets to start off on a lower note.
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