UK PMI data came in lower than expected but remain in expansionary territory (above 50 points). Following the news, the GBP is appreciating against both the USD and EUR.
UK, flash PMIs for September
- Manufacturing: 51.5 vs 52.2 expected (52.5 previously)
- Services: 52.8 vs 53.5 expected (53.7 previously)
- Composite: 52.9 vs 53.5 expected (53.8 previously)

AUDUSD falls after RBA decision despite maintaining a hawkish stance ⚔️
Economic calendar: US housing market data in focus 🔎
Morning wrap (16.06.2026)
BREAKING: U.S. Industrial Production with mixed reading