GBPUSD: All rather desperate stuff as parliamentarians make idiots of themselves..Chart & Levels from Analyst, Nicole Elliott – Investors Chronicle.




Chinese industry slows again
Weakest industrial production in 17 years

Data out this morning showed that in January and February China’s industrial production grew at 5.3 per cent, lower than expected, down from December’s weak 5.7 per cent, and the slowest pace since 2002. The unusual two-month reporting is an attempt to smooth the effects of the Lunar New Year holiday in February. Adding to these woes mobile phone shipments dropped 20 per cent in February to 14.51 million handsets, the weakest in 6 years.

Facebook is once again in the eye of a storm as outages crash a number of its social media platforms. Starting at about 16:00 GMT UK users and those in the New York area and California were particularly hard hit, plus those in Europe suffering intermittent service. The company has not released details of the cause, but Instagram is up and working again though Whatsapp and Facebook still have issues.

Financial Markets and Political Commentary


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