Latest data released by the Bank of England - 31 May 2018
- Prior 62.9k; revised to 62.8k
- Net consumer credit £1.8 bn vs £1.3 bn expected
- Prior £0.3 bn; revised to £0.4 bn
- Net lending secured on dwellings £3.9 bn vs £3.9 bn expected
- M4 money supply +0.2% vs -1.4% m/m prior
- M4 money supply +1.1% vs +2.2% y/y prior
- M4 ex IOFCs annualised -0.7% vs +1.2% prior
Pretty much within estimates, nothing particular of note that I can see at first glance. More crucially, the site's functionality is back up to speed so you guys can tune back in here instead of scrambling through Twitter/Tweetdeck. :)
GBP/USD remains underpinned from the rise in the euro, now at 1.3330 after having reached a high of 1.3347 on the day.
