🎈GBP Leads Upside Surprises In G10: Cable FX Macro

**As seen in Macro Walk report 05/06/23, subscribe at cablefxm.co.uk/reports

• GBP Citi Economic Surprise Index continues to lead the G10, upside surprises have sent the gauge to the highest since 2021 vs the U.S. equivalent. We're set to hear from the BoE on Thursday, expectations are for a 25bps rate hike from the central bank

• The spread between the EUR and U.S. CESIs dipped to the lowest since August, the former turned negative last week as actual figures surprise to the downside