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U.K. Services Purchasing Managers Index (PMI)

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U.K. Services Purchasing Managers Index (PMI)

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Latest Release
Dec 05, 2017
Actual
53.8
Forecast
55.0
Previous
55.6
The Services Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the sector; a reading 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.
Importance:
Country:
Currency: GBP
Source: The Chartered Institute of Pur...
U.K. Services Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 05, 2017 (Nov) 04:30 53.8 55.0 55.6
Nov 03, 2017 (Oct) 04:30 55.6 53.3 53.6
Oct 04, 2017 (Sep) 03:30 53.6 53.2 53.2
Sep 05, 2017 (Aug) 03:30 53.2 53.5 53.8
Aug 03, 2017 (Jul) 03:30 53.8 53.6 53.4
Jul 05, 2017 (Jun) 03:30 53.4 53.5 53.8

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U.K. Services Slow On Rising Prices By samed olukoya - Dec 05, 2017

The U.K. services sector slowed in November amid rising price pressures, the IHS Markit reported on Tuesday. The services Purchasing Managers Index contracted from 55.6 in October to 53.8 in November....

Services PMI Discussion

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All Comments (43)
Roxanne Dimacale
Roxanne Dimacale Oct 08, 2016 7:48AM GMT
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Good piece . I was enlightened by the details , Does anyone know where my company can find a sample OPM 1203-FX copy to work with ?.
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Seaun Clint
Seaun Clint Apr 07, 2015 8:35AM GMT
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new kid on the block.i wanted to trade news on here the gbp and i looked at the gbp/usd but it went down, can some one kindly advise how do i know what pair to trade when there is news in diff countries, thanks in advance :)
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Tony Yalley
Tony Yalley Nov 05, 2014 1:07PM GMT
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Just remember that the "market" is one big scanner looking for positions (your money) so even if you see positive or negative results when it stop or back up it means that there is too many positions taken and then it will wait / back up until your positions are lost. So be smart about your positions. I dont even call it "The Market" anymore I call it "The Scanner" even if its suppose to move it moves based on your positions.
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sameer kureshi
sameer kureshi Dec 03, 2014 5:42AM GMT
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Right Tony Agree !!.
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THE ROCK :NIZAM
THE ROCK :NIZAM Jan 06, 2015 9:44AM GMT
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axactly right tony
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OSEGIE AKHUETIE
OSEGIE AKHUETIE Jan 09, 2015 3:24AM GMT
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You know Tony, you have just given me the explanation to some of the crazy things the market does such as going the oposite direction just to collect your money and then turn around to head in the direction that would have profited you. It is indeed a giant scanner that scans for your money to collect.
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ahmad rizal
ahmad rizal Nov 05, 2014 4:48AM GMT
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anyone..gbp today after PMI will up or down..
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Samuel Admor
Samuel Admor Feb 04, 2015 8:08AM GMT
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youre a cheap f@3k trying to get signals for free
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Raafat Ghoson
Raafat Ghoson Oct 03, 2014 8:50AM GMT
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GDP will get lower till 1.58 from now till 2 weeks then rise again
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Aldy Trader
Aldy Trader Oct 03, 2014 8:27AM GMT
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GBP will rise
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Singaravel Chandrasekaran
CSVL Oct 03, 2014 8:09AM GMT
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58.3
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guru gi
guru gi Oct 03, 2014 7:23AM GMT
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EUR /USD ,XAU ,GBP , UP & DONE
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supriyadi soemoredjo
supriyadi soemoredjo Oct 03, 2014 3:37AM GMT
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PMI news is always 1000% buy for GBPUSD. be careful the reverse momentum, good luck and happy trade.
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Vijay Verma
Vijay Verma Sep 03, 2014 6:19AM GMT
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what is gbp/usd tradelpz informe me
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calvin phil
calvin phil Sep 03, 2014 8:25AM GMT
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buy just buy
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Muhammad Qadeer Tanoli
Muhammad Qadeer Tanoli Sep 03, 2014 8:36AM GMT
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calvin sir i ask different ppls that how u guys forecast it before time and always right ? plz tell me
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supriyadi soemoredjo
supriyadi soemoredjo Oct 03, 2014 3:39AM GMT
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PMI news is always 1000% buy for GBPUSD. be careful the reverse momentum, good luck and happy trade.
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