Fitch sees UK recovery stalling in first half of 2021
|The US-based Fitch Ratings, in its latest report, revised down the UK GDP forecasts for 2021.
Additional takeaways
“UK GDP 2021 forecast by around 2 percentage points relative to the smooth Free Trade Agreement (FTA) transition.”
“See the UK recovery stalling in the first half of 2021.”
“Now assume that the UK-EU trade will move to the World Trade Organization (WTO) terms in January.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.