Manufacturing PMI

02 January 2018 Pound Sterling on Front Foot as U.K. Manufacturing Expands at Robust Pace

Pound Sterling is seen in familiar ranges against major competitors, but the release of U.K. Manufacturing PMI could finally inject some movement into the market.

01 November 2017 UK Manufacturing in Rude Health, PMI Numbers Nudge Pound Higher vs. Euro and US Dollar Ahead of Key BoE Event

Tuesday’s data comes ahead of similar surveys of the construction and services industries, as well as an eagerly awaited monetary policy announcement from the Bank of England Thursday, which could …

02 October 2017 UK Manufacturing Misses a Beat in September, Pound Sterling Driven by External Events

Monday’s data comes at the beginning of a week that is heavy in both political and economic news, with the Conservative Party conference and more PMI numbers set to dominate the agenda. 

01 August 2017 Manufacturing Data Beats Expectations, British Pound Edges Higher Against the Dollar and Euro

The UK’s manufacturing sector continues along a path of growth according to fresh data amidst a welcome and perhaps long-overdue uptick in export activity.

03 July 2017 Manufacturing Data Flop Sparks Pound Sterling / Dollar Slump, But Steady v Euro

A blow for Pound Sterling at the start of the new month with the first major economic data release disappointing against expectations.

01 June 2017 British Pound Catches a Bid on Manufacturing Data, Gains on Euro and Dollar

Pound Sterling was seen edging higher off morning lows following the release of manufacturing figures from IHS Markit and the CIPS.

02 May 2017 UK Manufacturing Surges in April as Domestic Orders Grow, Pound Edges Higher

A major barometer of Manufacturing activity in the UK, the Purchasing Manager Index, showed a marked gain on Tuesday after it rose to a three-year high of 57.3 in April from 54.2 in the month befor…

03 April 2017 Pound Sold as UK Manufacturing PMI Misses Expectations

There was a sudden slip in the value of the British Pound on the morning of April 3 as economic data out of the UK economy disappointed.

01 February 2017 UK and Global Manufacturing Activity Jumps but Also Point to Sharp Price Rises Ahead

UK manufacturers have reported a bumper start to 2017 with data from IHS Markit and the CIPS confirming their much-watchedManufacturing PMI stands at 55.9 in January.

03 January 2017 British Pound to Euro Exchange Rate: Forecasting Support to Hold

The British Pound Sterling faces its first set of data releases of 2017 this week with the release of the IHS Markit / CIPS PMI series.

05 December 2016 The UK Economy to Grow 0.5% in 4th Quarter Suggest Services, Construction and Manufacturing PMI Data

Services PMI data released on Monday November 5 caps the strong start to the month for UK Economy and ensures 2016 will end on a positive note.

01 November 2016 Falling Pound Exchange Rate Sees UK Manufacturing Expand Exports to China, USA and the EU

A weaker Pound Sterling has helped UK manufacturers increase business levels despite uncertainty surrounding Brexit.

03 October 2016 Softer Pound Sterling is Working to Stimulate the UK Economy and FTSE 100

FTSE 100 higher on weaker Pound, Manufacturing activity at strongest level in years as foreign orders increase.

03 October 2016 British Pound Left Looking Too Cheap Following Strong Construction and Manufacturing PMI Data Releases

Pound Sterling will be hoping for some much-need support from the release of UK data and a speech by the UK’s Chancellor of the Exchequer today.

01 September 2016 Pound Sterling Sent Heavenwards after Survey Shows Manufacturing Purchasing Managers Much More Optimistic About Future

The pound surged on Thursday after Manufacturing PMI came out well above expectations in August, easily beating the 49.0 forecast, and revealing yet more underlying resilience in the UK economy pos…

31 August 2016 British Pound Higher v Euro and US Dollar on Blowout Manufacturing PMI as Financial Commentators are Wrong-Footed Again

Mid-week trade sees Pound Sterling continue to hold recent gains but analysts warn of the potential for a break lower.

01 August 2016 UK Economy Faces post-Brexit Recession After Dismal PMI Figures

Last week we finally got the first significant piece of economic data since June’s Brexit vote and it was not good news for the UK economy or the Pound.

01 August 2016 British Pound Advances on Dollar, Euro Even as Manufacturing PMI Confirms Need for Lower Interest Rates

Markets have some juicy data to bite into as the new month brings with it the release of the three PMI readings.

01 June 2016 Why Manufacturing PMI Weakness can Still be Blamed on Sterling

The GBP continues to be sold across the board as foreign exchange markets remain unconvinced by the improvement witnessed in the UK’s manufacturing sector.

03 May 2016 Pound Rattled as UK Manufacturing Records First Decline Since 2013, But Improvements Forecast by One Commentator

The pound has fallen against the euro but maintains recent strength elsewhere  as the first data release of May is unequivocally negative.

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