9:33 AM · 2 June 2025

BREAKING: UK manufacturing PMI rises unexpectedly📈 GBPUSD halts gains

09:30 AM BST, United Kingdom - PMI Data for May:

  • S&P Global Manufacturing PMI: actual 46.4; forecast 45.1; previous 45.4;

 

The UK manufacturing sector remained under pressure in May 2025, with the PMI rising slightly to 46.4 from 45.4, still well below the 50 threshold that indicates growth. Output, new orders, exports, and employment all declined, reflecting weak global demand, continued trade uncertainty, and higher employer costs due to increased National Insurance and minimum wage rates. 

Small manufacturers were hit hardest, showing the sharpest declines and weakest confidence levels. Although inflation in input and output prices eased, overall business sentiment remained subdued. Some positive signs emerged, with slower rates of decline in orders and output suggesting a possible stabilisation ahead.

 

The British pound was one of the best-performing G10 currencies against the US dollar in May, although it traded within a narrow range last week. Despite a slight improvement in the PMI, the UK manufacturing sector remains under pressure, which helps explain the lack of strong momentum in the GBP/USD pair. (Source: xStation)

19 October 2026, 7:02 PM

Daily Summary: Nasdaq and AI Stocks Rebound Ahead of Big Tech Earnings 🚀

19 October 2026, 4:57 PM

Wall Street rebounds🚨

19 October 2026, 12:23 PM

Market Wrap: Rebound in China and Falling Oil Prices, France Leads EU Declines

19 October 2026, 10:48 AM

Chart of the Day: What’s next for tech stocks after the deepest sell-off since April 2025? (19.10.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits