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Ahead of tomorrow's UK GDP release,.........>

UK DATA
UK DATA: Ahead of tomorrow's UK GDP release, Danske bank note PMIs suggest GDP
growth was 0.4%-0.5% but the NIESR GDP estimate says it could have been as high
as 0.6%! They estimate GDP growth was 0.4% but given the indicators there are
upside risks to this forecast. Danske add "If we are right about our quarterly
forecast, the annual growth in GDP has slowed to 1.4% y/y, the slowest since Q2
12. Growth accelerated in H2 17 driven by higher manufacturing production
growth, in line with the pick up in rest of Europe."

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