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BOE Agents Survey: Consumer spending growth remained resilient, but expected to ease

According to the latest Bank of England (BOE) agents’ Summary of Business Conditions survey, consumer spending growth had remained resilient, while exports had ticked higher.

Key Points:

Hiring plans had edged up, but pointed to little change in staffing overall in next 6-months

Export volumes growth had risen due to Stg fall, stronger world growth

Investment intentions had edged higher, pointed to small increases in spending during 2017

Consumer spending growth remained resilient, expected to ease during year as prices rise

WTI: Recovery stalls just below $ 52, EIA report eyed

Oil futures on NYMEX stalled its Asian recovery mode and consolidates in a narrow range below $ 52 mark, as resurgent USD demand versus its main compe
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US Dollar toying with highs near 100.60

The buying interest around the greenback remains well and sound today, currently flirting with daily tops in the 100.60 area when measured by the US D
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