United Kingdom PMI Construction came in at 57.8, below expectations (59.5) in March

FXStreet.com (Barcelona)

Apr 2, 2015

Treasury yields extend the drop

The yields on the short duration and the long duration treasuries in the US extended losses on Thursday as markets fear a weak NFP report on Friday after the ADP reported a weaker-than-expected employment data in the previous session.

GBP: cyclical support remains strong but structural concerns still evident – BTMU

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, explains that the latest economic data releases from the UK have continued to highlight that cyclical support for a stronger pound continues to remain in place.