FXstreet.com (Barcelona) - TD Securities analysts expect the Industrial Production for August to be less volatile than the figures of the Jubilee period, but possibly affected by Olympics disruptions. “This impact should be relatively minor though, and the bigger influence will be what we think is still a negative underlying trend in the manufacturing sector”, wrote analyst Alvin Pontoh, expecting the UK trade balance to deteriorate “as exports are more likely than imports to be negatively affected by Olympics disruptions”. Later in the day, the BoE Governor King will speak at 17:30 GMT on the challenges facing monetary policy.
Forex Flash: UK Aug trade balance to deteriorate on exports – TD Securities
Tue, Oct 09 2012, 08:24 GMT | FXstreet.com
GBP/USD May 19 at 05:43 GMT
1.5168/71 (0.00%)
H1.5170 L 1.5170
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Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
