Latest data released by the Confederation of British Industry - 24 April 2018

  • Prior 4
  • Trends selling prices 18 vs 18 prior
  • Business optimism -4 vs 13 prior

Readings above 0 indicates optimism while below indicates pessimism. The headline is a survey on manufacturers to rate the level of volume for orders expected during the next 3 months.

A flat reading for factory orders as it remains at a five-month low, but still sits above the long-term average.

A minor data point. GBP/USD has moved up to session highs as the dollar falls further on the day now at 1.3960. EUR/GBP still range-bound at 0.8750. GBP/JPY up near the highs for the day at 151.88.