• Prior 0.0%
  • 1.2% vs 0.7% exp y/y. Prior -2.3%
  • Manufacturing output 1.9% vs 0.9% exp m/m. Prior -0.8%.
  • 2.0% vs 0.9% exp y/y. Prior -2.9%

That’s a massive increase with Industrial output the highest since Jan 2011 and Manu output highest since July 2012.

Cable bolts up to 1.5392 from 1.5365 and EUR/GBP shakes 20 pips from 0.8639 to 0.8619.

If I was a yank I’d be shouting USA USA USA while running round the room.