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U.K. Manufacturing Purchasing Managers Index (PMI)
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Latest Release
Feb 01, 2019
Actual52.8
Forecast53.5
Previous54.2
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Mar 01, 2019 (Feb) | 04:30 | 52.8 | |||
| Feb 01, 2019 (Jan) | 04:30 | 52.8 | 53.5 | 54.2 | |
| Jan 02, 2019 (Dec) | 04:30 | 54.2 | 52.6 | 53.6 | |
| Dec 03, 2018 (Nov) | 04:30 | 53.1 | 51.6 | 51.1 | |
| Nov 01, 2018 (Oct) | 04:30 | 51.1 | 53.0 | 53.6 | |
| Oct 01, 2018 (Sep) | 03:30 | 53.8 | 52.6 | 53.0 |
News
U.K. Services PMI Shows Risk of Economic Stagnation
By Investing.com - Feb 05, 2019
Investing.com - Activity in the U.K. service sector slowed last month, bringing the economy near to stagnation, as heightened uncertainty over Britain’s impending departure from the European...
U.K. Construction PMI Falls to 10-Month Low on Brexit Uncertainty
By Investing.com - Feb 04, 2019
Investing.com - Activity in the U.K. construction sector slowed to a 10-month low in January, as uncertainty over the U.K.'s pending departure from the European Union made builders cautious over new...
MarketPulse Europe: Trade Hopes Lift Automakers, Luxury Groups
By Investing.com - Feb 01, 2019
Hopes for a thaw in U.S.-Chinese relations nudged European stocks higher early Friday, with trade-sensitive industrials and luxury goods groups leading the way and distracting attention from weak...
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Alphabet’s Spending Spree Unnerves Investors
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Wall Street crept higher overnight as investors looked ahead to corporate results from Alphabet (NASDAQ:GOOGL) after the closing bell. Following Facebook's (NASDAQ:FB)’s better than expected Q4...
RBA Preview: Should AUD Traders Be Worried?
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11
Daily FX Market Roundup February 4, 2019 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. With many traders in Asia off for the Lunar New-Year holiday, it has been a quiet day...
FX Week Ahead: What To Expect From RBA And BoE
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Between the strong US nonfarm payrolls report and a less hawkish Federal Reserve monetary policy statement, the equity markets are on fire. This improvement in risk appetite lifted many currency pairs...
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