March 9th, 2010
Declining U.K. Exports Threatens Recovery, Keeping BoE on Alert From DailyFX
The U.K. trade deficit unexpectedly widened to £7987M from £7010M as exports slumped. Demand from abroad for chemicals and other commodities led to the increases shortfall. Severe weather contributed slowed ports and could be a source of the weakness.
Posted in Forex