UK: GfK consumer confidence and Lloyds business barometer in focus – Danske Bank

In the UK, we have some important survey indicators due for release today as the GfK consumer confidence and Lloyds Business Barometer indicators, both for November, are due out suggests Research Team at Danske Bank.

Key Quotes

“Consumer and business confidence has rebounded back to the levels prevailing before the EU vote. Most interesting is it that business confidence has rebounded, as it suggests that investments so far have been resilient to Brexit uncertainties. We think both indicators will stay around current levels, as there is no news to indicate they may have been pulled in either direction.”