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EU Industrial Production s.a. (MoM) decreases to 0.4% in April; -0.6% (YoY)

GBP highest levels since Feb on better fall in claimant counts

GBP/USD has broken this morning’s range higher on the release of better job numbers for the economy. The pair are trading at the highest levels since February.
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EMU: Annual Industrial Production drops 0.6% in April

On an annual basis Eurozone Industrial Production w.d.a. dropped 0.6% in April, compared with the 1.4% slide the previous month, according to data released today by Eurostat. Analysts expected a 1.2% decrease.
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