Read more
9:31 AM Β· 3 November 2025

BREAKING: UK manufacturing PMI slightly above estimates πŸ‡¬πŸ‡§ πŸ“ˆ

Key takeaways
-
-
Open account Download free app
Key takeaways
  • GBPUSD ticks down after data release

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

  • S&P Global Manufacturing PMI: actual 49.7; forecast 49.6; previous 49.6;

 

UK manufacturing showed tentative signs of recovery in October, with output expanding for the first time in a year amid reduced backlogs and restarts at firms like Jaguar Land Rover. While production grew in consumer and intermediate goods, investment goods output continued to shrink, though more slowly. Demand remained weak at home and abroad, with new orders and exports still falling. Employment declined again but at a softer rate. Cost pressures eased slightly, yet supply chain strains and uncertainty over tariffs and global demand persisted.

The pound’s reaction remains cautious, with the currency fluctuating between small gains and losses. On one hand, the report offers a positive signal for the UK’s struggling manufacturing sector. On the other, signs of easing cost pressures and falling employment could strengthen expectations for interest rate cuts in the coming months.

 

Source: xStation5

11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report πŸ’‘

11 February 2026, 6:33 AM

Morning Wrap: Dollar in a trap, all eyes on NFP πŸ›οΈ(February 11, 2026)

10 February 2026, 1:31 PM

BREAKING: US RETAIL SALES BELOW EXPECTATIONS

10 February 2026, 8:50 AM

Economic calendar: Indices and EURUSD await US retail sales report

Join over 2 000 000 XTB Group Clients from around the world
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 ComissΓ£o de Valores MobiliΓ‘rios (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