UK manufacturing output expands for twenty-third consecutive month

The seasonally adjusted Markit/CIPS Purchasing Manager’s Index rose to 53.0 in January, creeping higher than December’s revised reading of 52.7 (upward-revised from 52.5).
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Weak commodities & deteriorating investment might force RBA to cut rates – ING

According to James Knightley, Senior Economist at ING, with the ECB and BoC having eased policy, the RBA might cut rates 25bp given the weak commodity backdrop and a deteriorating outlook for investment.
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