A survey conducted of roughly 2,000 British citizens asking them to rate their views on the state of the economy found that pessimism is growing in the UK. The report, issued by GfK NOP, reported a decline by two base points in their survey measure.
The findings were only mildly below forecasts, which expected no change from last month’s reading of -30. The actual report came in at -32, making the pessimism only slightly higher, but still ominous given the news surrounding the rest of Europe to the south and east of Britain.
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Greg Holden is the Chief Market Analyst at ForexYard. Greg uses his detailed knowledge of fundamental and technical analysis to provide some of the leading market forecasts in the forex world today. A guest lecturer at forex symposiums and Chief Editor of ForexYard's analysis center, Greg brings highly detailed and easy-to-use market analyses to his clientele. He has been published on ForexYard's Trading Blog and affiliate websites. Greg holds degrees in Political Science and Economics from Missouri State University, as well as a Masters degree in Middle Eastern History.
