ONS on data releases
- Net trade to have slightly positive impact on Q1 GDP
- Industrial, construction data likely to have negligible impact on Q1 estimate
The Uk's Office for National Statistics conclude that the data supports estimates showing a 'very sluggish' economy in Q1 and little overall impact from bad weather.
Ok, GBP/USD and EUR/GBP pretty listless. We are eating for the main event at 1200 GMT for the BOE's decision...