UK CBI July industrial trends total orders 10 vs 12 exp

UK CBI July industrial trends total orders 10 vs 12 exp

UK CBI July trends data now out 25 July
16 prev
trends selling prices 9 vs 20 exp vs 23 prev
business optimism 5 vs 0 exp vs 1 prev
mftg export order book +2 vs +13 prev, weakest since Feb
output expectations +28 vs +27 prev
quarterly new orders balance +14 vs +25 prev
GBPUSD down to 1.3008 on the weaker than expected headlines with EURGBP lifting up into 0.8958 session highs
Expect 1.3000-50 to hold for a while yet.
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.
                                              UK CBI trends orders mm