UK GfK Consumer Confidence for June: 7

  • expected 2
  • prior was 1

A much better result

  • 15-year high
  • Better result being attributed to a pick up in wage growth and low inflation

GBP shrugs ... doesn't care:

-

In honour of you-know-what I think we should rename this to GRfK, just for this month.

And ...

  • GRexpected 2
  • prior was 1 (sry, can't come up with a "GR" for this one)

In general, any word starting with a vowel, please prefix with "GR", just until this Greece thing disappears from the headlines. "GR"OK?

GRawesome!

Also, any word starting with "r" ... prefix that with a 'g'.

Lets see how it all goes.