News
🚨 🇬🇧 UK flash PMIs beat across the board: composite 53.1 vs 51.8 expected
🚨 🇬🇧 UK flash PMIs beat across the board: composite 53.1 vs 51.8 expected
- 🇬🇧 UK services activity picked up to 53.1 in October from 52.1, well above the 51.8 forecast, per newswires
- 🇬🇧 Manufacturing rose to 52.8 against 51.7 expected, up from 51.9
FO view: A clean UK beat, set against softer euro area readings, leans against near-term BoE easing and supports sterling and front-end gilt yields; it follows this morning's weak retail sales, so the data picture is mixed.
Not investment advice.