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Forex Trading News: GBP Data Preview

Posted by Mr. Danish FX on Wed, 05/07/2008 - 4:18am in

At 4:30 AM, both Industrial and Manufacturing Production is released.  These figures gauge the total value of output produced by factories, mines, utilities, and manufacturers.  Rising data in these releases should prove to benifit the GBP. 

The Industrial Production is forecast at -0.1% from the previous 0.3%.

The Manufacturing Production is forecast at 0.0% from the previous 0.4%.