The pound is still well behaved this week, although it would seem, must fall the most. Data on industrial production and manufacturing this morning was mixed: the main index ind. Production lost 0.2% as compared to the previous month, manufacturing grew by 0.6% compared to the previous month. Were more unstable elements of industrial production, such as oil and gas, together with mining operations, which are dragged down production in November. Thus, the markets were not too worried. Meanwhile, these studies BRC, that measure retail activity, proved to be stronger with a total growth of 2.8% y / y. Nevertheless, the same figure from the store turned out to be much weaker and 0.7% y / y. Again, these data were not strong enough in order to assess the response of the market. Pound is likely to fluctuate until the end of the year amid falling liquidity with no clearly defined direction.
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