Breakfast this morning saw a number of reports out of the UK.
Monthly GDP, industrial production and manufacturing production all missed expectations.
Although the reports missed, there's been little impact on Pound rates.
This could be because the bond market has perked up a bit since the lower than expected inflation reading yesterday.
Sterling rates really feel like they are on a see saw at the moment.
The next 24 hours sees no let up on scheduled news.
US retail sales numbers are followed by the Chinese GDP report in the early hours of Friday and UK retail sales at Friday breakfast.
Expectations in order are: Monthly growth of 0.6%, quarterly growth of 1.6% and monthly growth of 0.4% respectively.
Business news tries to put a positive spin on this mornings news. UK monthly GDP growth was 0.1%....this uptick was cited to restaurant trade and construction.
US: 13:30 Retail Sales
CHN: Friday 02:00 GDP Report
UK: Friday 07:00 Retail Sales
As ever we look forward to keeping you in the loop and look out for our next update.
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