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Italy Industrial Output w.d.a (YoY): -3.6% in Jan from -7.4% in Dec

Forex: GBP/USD extends its decline below 1.5100

Pessimism has continued to overwhelm sterling sentiment this morning, ahead of the UK inflation figures and the BoE Letter of Inflation due later.
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Italy Industrial Output s.a. (MoM) improves to 0.8% in Jan from -0.2% in Dec

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