Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
UK manufacturing showed signs of resilience in the early weeks of the third national lockdown, with order books deteriorating at a slower pace than in previous months, although there was a "stubbornly mixed picture" across different manufacturing sub-sectors, "pointing to the asymmetric impact of restrictions," Alpesh Paleja, CBI Lead Economist said Friday.
Total order books improved to -24 in February, up from -38 seen in the previous month, while export order books worsened (-39) and continue to be far below the long-term average (-18), according to the CBI's latest Industrial Trends survey. Expected output volumes rose sharply to -2 in February after declining to -24 in January. Stock adequacy weakened slightly in February, falling to 8, down from 13.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.