Ahead Of BoE, Pound Wobbles

Market Drivers May 11, 2017UK Data misses GBP drifts ot 1.2900 RBNZ surprisingly dovish send kiwi to near .6800 Nikkei 0.31% Dax 0.02% Oil $48/bbl Gold $1221/oz.Europe and Asia:NZD RBNZ 1.75% remains dovish GBP UK Trade -13B vs. -11B GBP UK IP 1.4% vs. 2.1% GBP IK MP 2.3% vs. 3.0%North America:GBP UK BoE