UK October CBI trends total orders -27 vs -28 expected

• Prior -35

UK factory order book balance holds in negative territory in October, keeping not much changed to the month before. The volume of new orders, measured quarterly, declined to -11 from +1 previously and that hints at softer sentiment with the reading being the weakest since October 2020.

This article was written by Justin Low at www.forexlive.com.