FTUKcom

GBP/AUD potential downside in play...

FX:GBPAUD   British Pound / Australian Dollar
UK Flash Services PMI (Feb) 49.7 vs. Exp. 41 (Prev. 39.5); Manufacturing PMI (Feb) 54.9 vs. Exp. 53.2 (Prev. 54.1)

Composite PMI (Feb) 49.8 vs. Exp. 42.2 (Prev. 41.2)


UK Retail Sales YY (Jan) -5.9% vs. Exp. -1.3% (Prev. 2.9%)
UK Retail Sales MM (Jan) -8.2% vs. Exp. -2.5% (Prev. 0.3%)
UK GfK Consumer Confidence (Feb) -23 vs. Exp. -27.0 (Prev. -28.0); highest since March.

UK Chancellor Sunak is reportedly extending the furlough scheme until summer.

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