Analysts at Nomura suggest that the release of industrial production and trade data are going to be the key economic release for today’s UK session. Key Quotes “The manufacturing PMI and CBI surveys held up reasonably well in September before falling in October; however, car production (worth just 6 ½% of total industrial production and about 9% of manufacturing) was weak during September according to the SMMT (Society of Motor Manufacturers and Traders) figures. We forecast a flat manufacturing reading, but the risk is that weak auto production ends up dominating the figures.” “Trade: We expect a broadly similar deficit of around £11bn in September as August, which itself was higher than July’s reading thanks to a large shift in the erratics balance.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD comes under pressure near 1.1340 FX Street 4 years Analysts at Nomura suggest that the release of industrial production and trade data are going to be the key economic release for today's UK session. Key Quotes "The manufacturing PMI and CBI surveys held up reasonably well in September before falling in October; however, car production (worth just 6 ½% of total industrial production and about 9% of manufacturing) was weak during September according to the SMMT (Society of Motor Manufacturers and Traders) figures. We forecast a flat manufacturing reading, but the risk is that weak auto production ends up dominating the figures." "Trade: We expect a broadly similar deficit… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
