United Kingdom CBI Industrial Trends Orders
The Industrial Trends Survey of total order book balance conducted by the Confederation of British Industry in the United Kingdom tracks changes in the volume of factory orders from around 500 enterprises across 38 sectors of the manufacturing industry. Domestic and export orders, inventories, prices, investment plans, and output predictions are included in the poll. Manufacturers have questioned whether the current situation is above normal, normal, or below normal for each variable. The results are presented as a weighted percentage balance, which is the difference between the percentage of respondents who answered more or higher on each question and the proportion who answered less or lower on each question.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.
Forex Sentiment (GBP)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.2434 -53 pips |
1.2612 -125 pips |
1.24870 | |
| GBPJPY |
|
|
189.7951 -756 pips |
193.4387 +392 pips |
197.360 | |
| EURGBP |
|
|
0.8560 -3 pips |
0.8601 -38 pips |
0.85630 | |
| GBPCAD |
|
|
1.6964 -87 pips |
1.7105 -54 pips |
1.70510 | |
| GBPCHF |
|
|
1.1277 -146 pips |
1.1555 -132 pips |
1.14230 | |
| GBPNZD |
|
|
2.0787 -224 pips |
2.0739 +272 pips |
2.10110 | |
| GBPAUD |
|
|
1.8850 -261 pips |
1.9246 -135 pips |
1.91110 | |
| GBPNOK |
|
|
0 -137623 pips |
13.7404 +219 pips |
13.76230 | |
| GBPSEK |
|
|
13.2751 -3960 pips |
13.6527 +184 pips |
13.67110 | |
| GBPSGD |
|
|
1.6884 -130 pips |
1.7198 -184 pips |
1.70140 |
News (GBP)
UK Consumer Confidence Strengthens In April
British consumer sentiment improved in April on slowing inflation as well as expectations about further tax cuts, a monthly survey conducted by the market research group GfK revealed Friday. The consumer confidence index rose to -19 in April from -21 in March. The score was also better than economists' forecast of -20.
RTTNews | 1 day ago
UK Retail Sales Stable In March
UK retail sales were unchanged on a month-on-month basis in March, defying expectations for a gain, preliminary data from the Office for National Statistics showed Friday. Retail sales including automotive fuel grew 0.1 percent in the previous month. Economists were looking for a 0.3 percent gain for March.
RTTNews | 8 days ago
UK Inflation Slows Less Than Forecast
UK consumer price inflation softened less than expected in March but hit the lowest in two-and-a-half years on food prices, adding uncertainty to the timing of the first interest rate cut from the Bank of England. Inflation weakened to 3.2 percent in March from 3.4 percent in February, the Office for National Statistics reported Wednesday.
RTTNews | 9 days ago
