Latest data released by the Confederation of British Industry - 20 February 2018
- Prior 14
- Trends selling prices 25 vs 40 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.
According to CBI, growth in UK factory orders cools to four-month low in February, but "demand remains strong and output grew briskly".
A minor data point on the day. Cable sitting at 1.3987 currently, with dollar demand still dominating the major currency bloc. EUR/GBP now at 0.8819 after hitting lows of 0.8811 earlier in the day following Brexit news here.