Better than expected numbers on all fronts. The UK trade balance deficit squeezes to 11.253 from a downward revised 12.35 billion. Manufacturing production is up 0.7% m/m and 2.7% y/y. Industrial output is also up 0.7% m/m on top of an upwards revision and 2.5% y/y. GBP/USD, which was sleepy ahead of the publication, is [...]
The post UK trade balance, manufacturing beat expectations – GBP rises appeared first on Forex Crunch.
via Forex Crunch
No comments:
Post a Comment