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Barclays have tweaked higher their call for UK...>

UK
UK: Barclays have tweaked higher their call for UK fourth quarter GDP to 0.4%
q/q from 0.3% q/q with balance risks and pushed growth for whole of 2018 to 1.4%
from 1.3% following latest hard and sot data.
- Barclays say that "GDP output breakdown shows Q4 was roughly as good as Q3",
PMIs "posted a stronger Q4 than Q3" and "firming global growth momentum" as
reason for upgrade. However, see a "shaky consumer sector" as a risk.
- "Our change in GDP forecast does not change at this stage our call regarding
the BoE: we still expect next hike to be in November but with risks tilted
towards August", Barclays adds.

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