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UK Preliminary Manufacturing PMI eases to 64.2 June, beats estimates

  • UK Manufacturing PMI beats estimates with 64.2 in June.
  • Services PMI in the UK eases to 61.7 in June, a miss. 
  • GBP/USD is off the multi-day highs below 1.3987 amid mixed UK PMIs.

The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) eased to 64.2 in June versus 64.0 expected and 65.6 – May’s final reading.

Meanwhile, the Flash UK Services Business Activity Index for June fell to 61.7 versus May’s final readout of 62.9 and 62.8 expected.

 

more to come ...

United Kingdom Markit Manufacturing PMI registered at 64.2 above expectations (64) in June

United Kingdom Markit Manufacturing PMI registered at 64.2 above expectations (64) in June
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ECB's de Guindos: Banks’ dividend cap to be lifted sooner or later alongside economic recovery

The European Central Bank (ECB) Vice President Luis de Guindos said Wednesday, the central bank’s recommendation on banks dividend cap could be lifted
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