Analysts at Scotiabank explained recent data events, BoE and call for a lower pound. Key Quotes: The UK reported a wider trade deficit for Mar (-GBP12.3bn versus -11.3bn expected) while industrial production rose 0.1% (against calls for a 0.2% rise (manufacturing output fell 0.1% and construction was as weak as expected at -2.3%). “The BoE [...]
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