Free Trial

UK DATA: Flash PMI due at 9:30BST

UK DATA
  • The UK flash PMI is due for release at 9:30BST.
  • After this morning's big misses across France, Germany and the Eurozone expectations are probably below the Bloomberg survey numnbers of 52.2 for manufacturing, 53.5 for services and 53.5 for composite.
  • Furthermore, GfK UK consumer confidence fell back last week as concerns surrounding the upcoming Budget start to hit sentiment - so there is downside from this if it is hitting firms too.
  • In terms of specific subcomponents, any updates on cost passthrough will still be closely watched by the MPC.
87 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • The UK flash PMI is due for release at 9:30BST.
  • After this morning's big misses across France, Germany and the Eurozone expectations are probably below the Bloomberg survey numnbers of 52.2 for manufacturing, 53.5 for services and 53.5 for composite.
  • Furthermore, GfK UK consumer confidence fell back last week as concerns surrounding the upcoming Budget start to hit sentiment - so there is downside from this if it is hitting firms too.
  • In terms of specific subcomponents, any updates on cost passthrough will still be closely watched by the MPC.