UK visible trade balance Feb -£11.964bln vs -£10.2 bln expected

UK trade balance data report for February

– -£12.157bln prev revised down from -£10.289bln

– trade balance non-EU -£3.357bln vs -£2.5 bln exp vs -£4.363bln prev revised down from -£2.199bln

Ouch. Not good readings and on top of softer ind prod data we’ve seen GBPUSD knocked back a little but demand into 1.4100 holding still.

sumber: