Details of the March 2017 UK industrial, manufacturing & construction output reports 11 May 2017
– 1.4% vs 2.1% exp y/y. Prior 2.8%. Revised to 2.5%
– Manufacturing production -0.6% vs 0.0% exp m/m. Prior -0.1%. Revised to -0.3%
Worse than expected but probably not bad enough to trouble 1.2900 in cable. Early moments though.