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

UK CPI set to rise above BoE target in October, core inflation to remain high
Breaking: US S&P Manufacturing PMI improves to 48.8 in November, Composite PMI rises to 55.3
Gold tumbles 3% on reports of Israel-Hezbollah ceasefire, US Treasury pick
Dow Jones Industrial Average soars another 350 points
NZDUSD Technical Analysis – The lack of catalysts keeps the market rangebound

Leave a Reply

Your email address will not be published.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