CBI industrial order books balance rises to -7 in December

Noticias del mercado

17 diciembre 2015

CBI industrial order books balance rises to -7 in December

The Confederation of British Industry (CBI) released its industrial order books balance on Thursday. The CBI industrial order books balance rose to -7 in December from -11% in November.

The index increased in December as export orders improved.

"Manufacturers are still having a tough time of it with output slipping and exports remaining a weak spot in spite of an improvement at the end of the year. But there is a pick-up in orders from previous months which could be a sign of light at the end of the tunnel," the CBI director of economics Rain Newton-Smith said.

U.S.: Initial Jobless Claims, December 271 (forecast 275)

Foreign exchange market. European session: the British pound traded lower against the U.S. dollar despite the better-than-expected U.K. retail sales data

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