The Independent News and Data Provider
A monthly survey of UK business conditions from IHS Markit encouraged expectations for a rate hike at the Bank of England in December, which should in turn keep the Pound relatively well supported.
The British Pound held recent gains following PMI data that pointed to a strengthening UK economy.
UK economic growth slipped to its weakest level in seven months, although the rate of job creation remains elevated according to the September PMI series from IHS Markit.
The British Pound started the new week in decidedly mixed fashion amidst signs that the country's economic rebound slowed in August.
The UK economy is still growing at a health clip, but that rate of growth has slowed more sharply than investors had expected according to new data.
The rapid UK economic rebound might be tapering off according to a much watched data release, but signs of growing demand for workers should ensure the Pound remains well supported.
The UK economic rebound is well underway according to a survey of UK businesses during March which showed employment was on the rise but so too were inflationary pressures.
The UK economy is springing back to life and creating more jobs for the first time since February, according to PMI data for March.
Much-watched monthly PMI data suggests the UK economy shrunk only slightly in February, which would be a far better outcome given the overwhelming expectation for the economy to post another sharp decline in economic activity.
A sell-off in the British Pound ahead of the weekend accelerated on the release of data that showed the UK economy suffered a significant slump in January.
The UK Economy appears to have returned to growth in December according to the latest flash PMI data from IHS Markit, but stockpiling could be flattering the numbers.
A survey of the UK economy in October points to a rapid slowdown in activity in the wake of fresh regional lockdowns.
A survey of the UK economy covering the September period showed the rebound continues apace, even if it had slowed since August and was a little softer than market consensus had been expecting.