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UK Manufacturing Production rebounds 0.3% MoM in Dec vs. +0.5% expected

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Tuesday, with the overall industrial activity sinking further into contraction in December.

Manufacturing output arrived at +0.3% MoM in December versus +0.5% expectations and -1.6% booked in December, while total industrial output came in at +0.1% vs. +0.3% expected and -1.1% last.

On an annualized basis, the UK manufacturing production figures came in at -2.5% in December, missing expectations of -1.0%. Total industrial output dropped by 1.8% in December, against a -0.8% reading expected and the previous -1.6% print.

South Africa Unemployment Total : 6.7M (4Q)

South Africa Unemployment Total : 6.7M (4Q)
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GBP/USD edges up to session tops, closer to mid-1.2900s post-UK macro data

The GBP/USD pair quickly reversed an early European session dip to sub-1.2900 level and refreshed session tops post-UK macro releases. The British pou
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