UK September CBI trends total orders -48 vs -40 expected

News

Latest data released by CBI – 22 September 2020

  • Prior -44
  • Trends selling prices -1 vs -4 expected
  • Prior -5

The slight setback here underscores that any recovery momentum among UK manufacturers remains tepid at best, and the situation may yet get worse once government stimulus starts to run its course ahead of the closing months of the year.

The CBI readings are a survey on manufacturers to rate the level of volume for orders expected during the next 3 months.

For bank trade ideas, check out eFX Plus

Articles You May Like

Gold ticks up on safe-haven demand, eyes on Fed and Trump policy
China’s services PMI data due: What to expect & how its likely to impact equities and yuan
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget’, survey finds
US Dollar goes nowhere after markets dial back of their earlier panic
Trump could declare national economic emergency to justify universal tariffs, CNN reports

Leave a Reply

Your email address will not be published.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