Back

UK services PMI might print an above consensus figure – TDS

FXStreet (Barcelona) - The TD Securities Team predicts UK services PMI to print an above expectation (57.5) number at 57.8.

Key Quotes

“Both the Eurozone and the US Markit services PMIs posted significant improvements in Feb, and we look for the UK services PMI to follow them higher with a 0.5pt gain to 57.8 (mkt 57.5).”

“Business confidence seems to be quite strong, and the additional staff that was reportedly hired in Jan should help to increase output capacity.”

Gold marginally up ahead of the European session

Gold prices are trading marginally higher despite an upbeat services PMI data in China and the rise in the US Treasury yields.
Đọc thêm Previous

Key events ahead: Euro area retail sales & UK Services PMI expected to increase – Danske

Signe Roed-Frederiksen, Senior Analyst at Danske Bank, previews the key events ahead in the Eurozone, UK and US, forecasting UK Services PMI to register a increase to 57.8, and Euro-area retail sales to continue to increase.
Đọc thêm Next