Brexit related economic concerns may be “overcooked”

LSE

Following a better construction PMI yesterday and GDP figure last week, today’s number supports the view that sterling traders don’t have much of a palate for June referendum concerns – as a result, current levels do not reflect the resilience of the underlying economy. As markets make a meal of the EU vote, we expect robust and improving UK data to be savoured, but not before July.”

Tom Floyd quoted in The Telegraph

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