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United Kingdom CBI Industrial Trends Survey - Orders (MoM) in line with forecasts (-14) in March

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Softer US dollar and lower FX volatility - MUFG

Lee Hardman, Currency Analyst at MUFG, notes that the US dollar has continued to remain on a softer footing in the Asian trading session following the signal from the Fed last week that it plans to raise rates more gradually this year.
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UK: Politics is going to be more important than economics - SocGen

Kit Juckes, Research Analyst at Societe Generale, suggests that the politics is going to be more important than economics for the next three months in the UK and so far, both major political parties seem pretty keen on tearing themselves apart from within.
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