Pound Climbs Ahead Of U.K. Trade Data, Industrial Production
July 09 2018 - 11:27PM
RTTF2
At 4:30 am ET Tuesday, the Office for National Statistics
publishes U.K. industrial output, foreign trade and construction
output figures, all for May. U.K. industrial production is forecast
to rise 0.5 percent month-on-month, from a decline of 0.8 percent
in April. The visible trade deficit is expected to narrow to GBP 12
billion from GBP 14 billion a month ago.
Ahead of these data, the pound advanced against its major
rivals.
As of 4:25 am ET, the pound was worth 0.8831 against the euro,
1.3189 against the Swiss franc, 1.3294 against the greenback and
147.70 against the yen.
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