GBP data - Lloyds Bank's index of business confidence up to 35 (from prior 32)

Lloyds Bank's index of business confidence, their 'Business Barometer'

  • up 3 points on the month to 35% in May
  • Highest level of 2018
  • From 32 in April

Via Reuters :

  • The survey also showed the proportion of firms expecting Brexit to help their business rose to its highest level this year at 35 percent while 28 percent expected a negative impact
  • "Business confidence is rising and firms appear to be brushing off the economic slowdown in the first quarter," Hann-Ju Ho, Senior Economist, Lloyds Bank Commercial Banking, said.

Earlier:

No discernible GBP impact from either data point, but there rarely is.

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