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10 Feb 2015
UK industrial and manufacturing output may come out strong – Standard Bank
FXStreet (Barcelona) - According to Steve Barrow of Standard Bank, today’s UK industrial manufacturing data might be keenly watched in the absence of any other significant data, further expecting them to come out stronger than consensus.
Key Quotes
“The international calendar is once again particularly light today. UK industrial and manufacturing numbers might be the most noteworthy.”
“Industrial production is expected to have fallen 0.1% m/m in the month of December, according to the consensus from the Bloomberg survey.”
“Manufacturing output is also seen down 0.1% m/m in the month.”
“Steve Barrow (our G10 FIC Strategist) thinks that the data could be a bit stronger than the consensus although the impact on the pound will probably prove fleeting.”
Key Quotes
“The international calendar is once again particularly light today. UK industrial and manufacturing numbers might be the most noteworthy.”
“Industrial production is expected to have fallen 0.1% m/m in the month of December, according to the consensus from the Bloomberg survey.”
“Manufacturing output is also seen down 0.1% m/m in the month.”
“Steve Barrow (our G10 FIC Strategist) thinks that the data could be a bit stronger than the consensus although the impact on the pound will probably prove fleeting.”