Low impact
UK April-September budget deficit was reported at GBP 97.8 billion, above the OBR forecast of GBP 91.8 billion.
LiveSquawk10/21, 01:08 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
GBP
Would push down
DaysMedium confidence
Deficit above OBR forecast can raise fiscal risk concerns weighing on GBP
What could change this
If other fiscal data points to spending restraint elsewhere, the pressure on GBP from this deficit figure could ease.
GBP/USD before and after this story
1.3378-0.17%vs previous close
+0.09%
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
Related assets
Coming up for GBP/USD
Explore next
Latest GBP/USD news
FirstSquawk10/23, 06:23 PM
FirstSquawk10/23, 06:21 PM
FirstSquawk10/23, 03:30 PM
UK Services PMI for October rose to 53.1, above the 51.8 expected.