Low impact

UK GfK Consumer Confidence index for October fell to -24, well below the -14 estimate and the prior reading of -13.

LiveSquawk10/23, 06:02 AM

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

GBP
Would push down
DaysMedium confidence
Sharp confidence miss could reduce the case for further BoE rate hikes if other data confirm it

What could change this

If other UK data remain firm, this single confidence miss may not shift BoE policy expectations.

1.3378-0.17%vs previous close

-0.19%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.

This story

10/23, 03:55 AM10/24, 03:55 AM