Sunday , 24 November 2024
Home Forex UK August CBI trends total orders -22 vs -25 expected
Forex

UK August CBI trends total orders -22 vs -25 expected

  • Prior -32

UK factory orders fell once more this month but less than July at least. The output expectations balance remains positive at least, though down to 9 from 25 in the month before. CBI notes that “the stop-start recovery seen in recent months continued in August but it is encouraging that manufacturers still remain confident that output will tick up over the autumn”.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Trade ideas thread – Monday, 25 November, insightful charts, technical analysis, ideas

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas,...

Monday morning open levels – indicative forex prices – 25 November 2024

As is usual for a Monday morning, market liquidity is very thin...

Newsquawk Week Ahead: US PCE, FOMC Minutes, RBNZ rate decision, EZ HICP, and Aussie CPI

Mon: German Ifo (Nov), US National Activity Index (Oct)Tue: FOMC Minutes (Nov);...

Weekly Market Outlook (25-29 November)

UPCOMING EVENTS:Monday: PBoC MLF, German IFO.Tuesday: US Consumer Confidence, FOMC Minutes.Wednesday: Australia...