SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
How Donald Trump has changed the way diplomacy is done 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
Someone is getting more worried than Bank of England (BOE) over weaker economic dockets, and that is David Camron, incumbent Prime Minister of UK and leader of the conservative party.
A stronger UK's economic prospect is sure to keep him, well placed in the race for 2015 election, which is scheduled for May 7th.
- Today UK's production data surprised to the downside. Industrial production grew 0.1% m/m in February compared to 0.3% expected and -0.1% earlier. Manufacturing production grew 0.4% m/m, however 1.1% y/y compared to 1.9% previous.
- Moreover UK's trade balance with EU worsened to record deficit of £ -21 billion for three months till February.
- GDP is growing at best rate among OECD countries, however manufacturing sector continue to pose weakness. Statistically speaking both manufacturing and construction has not reached pre crisis level, except for services.
However all that worries BOE is not bad for Mr. Cameron.
Consecutive 23rd monthly fall in shop prices is making BOE worried of deflationary pressure, whereas lower prices keeping consumers happy. That will work in favor of Mr. Cameron.
Pound has been hit badly since yesterday. Currently trading at 1.461 against dollar.
