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    Consumer Credit. UK, 11:30 am on 29.02.2016

    Data on Consumer Credit is due in the UK at 11:30 am (GMT 2). The indicator represents the change in the volume of consumer credits. Generally, an index increase shows readiness of consumers to spend money that indicates consumers feel confident about the economy. A high reading strengthens the Pound. A low reading weakens the Pound. Fact: a too high reading could indicate credit overconsumption, when consumers take more credits than they actually need.


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