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Bank Indonesia keeps key interest rate on hold at 3.75 pct

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

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UK March industrial production stronger than expected

Tuesday, May 12, 2015 9:09 PM UTC

United Kingdom March industrial production data were stronger than expected (+0.5% m/m; consensus flat), though this largely reflected a bounce in oil and gas production with manufacturing output close to expectations.

The ONS say the data are not strong enough to imply a revision to the poor Q1 GDP data. GBP's gains on the crosses seem to have lost some momentum today.

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UK March industrial production stronger than expected

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