PMI

France, Germany, UK, Europe, PMI are all good

Eur is bought. It responds to an unexpected improvement in the French PMI preliminary figures for June. The manufacturing industry was 52.1 (preliminary forecast 46.0), and the non-manufacturing industry was 50.3 (preliminary forecast 45.2), both higher than expected. The composite index was also 51.3 (preliminary forecast 46.8). Following the French announcement, Germany’s PMI preliminary figures …

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April UK construction industry PMI was 8.2, a historical low level

The British construction industry PMI in April was 8.2, which was far below the previous forecast of 21.7. It has fallen further since 39.3 last March and is at a historical low level. Selling has accelerated in the pound market even before the announcement, but it is still cheaper after the announcement. (Source: Minkabu) Stop …

April UK construction industry PMI was 8.2, a historical low level Read More »