Confederation of British Industries (CBI)
Confederation of British Industries (CBI)
This report is a kind of a business optimism index in the industrial sphere published monthly by the Confederation of British Industries. It is an important market factor influencing the British currency (GBP).
It is interesting that the numerical values of the report are less important than their comments so it is harder to state categorically how changes in the data will influence changes in the exchange rate.