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UK Preliminary GDP expands 0.6% QoQ in Q1 vs. 0.4% expected

The UK economy expanded 0.6% QoQ in the first quarter (Q1) of 2024 from a 0.3% contraction in the previous reading, the preliminary estimate released by National Statistics (ONS) showed Friday. The market consensus was for an expansion of 0.4% in the reported period.


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Silver Price Forecast: XAG/USD appreciates to near $28.50 after US Jobless Claims

Silver price extends its gains for the third consecutive session, trading around $28.50 per troy ounce during the Asian session on Friday.
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GBP/USD rises to near 1.2540, driven by higher UK GDP

GBP/USD edged higher to near 1.2540 during Asian hours on Friday, buoyed by the release of higher-than-expected UK Gross Domestic Product (GDP) data for the first quarter.
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