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Much lower-than-expected Q1 GDP (0.1% q/q.....>

CABLE
CABLE: Much lower-than-expected Q1 GDP (0.1% q/q vs 0.3%) triggers fresh GBP
supply with a move to react lows of $1.3816. The 0.3pp drop in q/q growth was
attributed to weakness across the mfg and construction
sectors, as well as in consumer-facing industries. While the snow had "some
impact" over Q1, the ONS described it as "limited" and "relatively small",
suggesting the data alluded to an underlying trend of weakness.

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