25/10/13 Market Movements

Markets closed up, 8.16 points at 6,721.34 today.

Stock Prices
No movements to report.

Market Movements
GDP figures rose by 0.8% in the third quarter of 2013 up from 0.7% in the July-September quarter.  Carney will present new quarterly forecasts on 13th November and there are now further expectations that interest rates will increase earlier than forecast.  Carney mentioned yesterday that there has been “traction” in the economy.