Live Comments GBP shrugs off UK trade deficit and production, await BoE

    GBP shrugs off UK trade deficit and production, await BoE

    UK visible trade deficit widened to GBP -12.3B in March, from GBP -10.2B versus expectation of GBP -11.4B. Full release here.

    Industrial production dropped rose 0.1% mom, 2.9% yoy in March, versus expectation of 0.2% mom, 3.1% yoy. Full release here.

    Manufacturing production dropped -0.1% mom, rose 2.9% yoy in March, versus expectation of -0.2% mom, 2.9% yoy.

    Construction output dropped -2.3% mom in March versus expectation of -2.2% mom.

    GBP remains steady in tight range against USD and JPY after the data. Traders remain cautious ahead of BoE rate decision, voting and inflation report.

    NO COMMENTS

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Exit mobile version