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3 Apr 2015
Key events for the week ahead in the UK – Capital Economics
FXStreet (Barcelona) - Paul Hollingsworth of Capital Economics, previews the key events ahead for UK for the week ahead, noting that Tuesday’s services PMI should confirm that the service sector is back on track.
Key Quotes
“The Markit/CIPS services report (Tuesday, 09.30 BST) should suggest that the recovery in service sector output got back on track at the end of the quarter.”
“However, trade data (Thursday) should show a widening in the UK’s trade deficit in February.”
“Thursday’s Bank of England interest rate decision should be an uneventful one.”
“Finally, industrial production figures (Friday) could provide some encouraging signs that lower oil prices are helping manufacturers.”
Key Quotes
“The Markit/CIPS services report (Tuesday, 09.30 BST) should suggest that the recovery in service sector output got back on track at the end of the quarter.”
“However, trade data (Thursday) should show a widening in the UK’s trade deficit in February.”
“Thursday’s Bank of England interest rate decision should be an uneventful one.”
“Finally, industrial production figures (Friday) could provide some encouraging signs that lower oil prices are helping manufacturers.”