Oh dear, oh dear.

The market reaction after Friday’s UK GDP data:

Sterling gets hammered against the dollar:

… and against the euro:

The 10-year gilt yield falls sharply:

… but the FTSE 100 is up 1.3 per cent…

More QE anyone?

Related links:
GDP flop shock – FT Alphaville

This entry was posted by Miles Johnson on Friday, October 23rd, 2009 at 9:51 and is filed under Capital markets. Tagged with 10-year gilt, euro, FTSE 100, sterling, UK GDP. Edit this entry.