UK Industrial Production MoM (Mar) M/M -0.2% vs. Exp. -0.3% (Prev. 0.5%)
The UK industrial production data showed a smaller-than-expected contraction at -0.2% compared to the anticipated -0.3%, despite a positive prior month of +0.5%.
UK Chancellor Reeves says it is not the time to put economic stability at risk
Export licenses to China for hundreds of US beef plants that had just been renewed now listed as expired, Chinese customs says
UK Industrial Production MoM (Mar) M/M -0.2% vs. Exp. -0.3% (Prev. 0.5%)
[MARKET ANALYSIS] JGB yields rise to multi-decade highs on hawkish BoJ speak
Notable FX Option Expiries for today's NY cut: Large EUR/USD near-the-money clips
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This slight beat suggests resilience in manufacturing, potentially mitigating concerns over economic slowdown, and may influence BOE policy considerations as it reflects a somewhat stable growth-inflation balance.
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