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UK CBI industrial trends orders Feb 10 vs 6 exp

UK CBI industrial trends orders Feb 10 vs 6 exp

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Mike Paterson
19/02/2015 | 11:00 GMT
  • vs 4 prev
  • 6month high
  • selling prices 8 vs -7 exp vs -6 prev

Stronger readings give GBP a little lift

GBPUSD 1.5450 EURGBP 0.7375 near session lows after retreating from the heady highs of 0.7410 not so long ago

The Confederation of British Industry (CBI) Industrial Trends Orders measures the economic expectations of the manufacturing executives in the U.K. It is a leading indicator of business conditions. A level above zero indicates order volume is expected to increase; a level below zero indicates expectations are for lower volumes. The reading is compiled from a survey of about 550 manufacturers.

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