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Flash: GBP data today – TD Securities

FXstreet.com (London) - Research teams at TD Securities highlighted data for GBP today.

They say the markets expect an improvement in the PMI from 49.8 to 50.3, but they look for a reading closer to 51, based on the improvements in the CBI survey and the flash Eurozone PMI figures. They also said we will get the BoE’s FLS data for Q1, which unfortunately is unlikely to show much pick-up in lending activity, based on the BoE’s analysis of leading indicators in the May Inflation Report.

USD/CAD rebounds off lows to 1.0358/61

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