10:30 AM · 4 December 2024

BREAKING: UK PMI data above expectations

09:30 AM GMT, UK - PMI Data for November:

UK Services PMI (Nov): actual 50.8; 50.0 forecast; 52.0 previous
UK Composite PMI (Nov): actual 50.5; 49.9 forecast; 51.8 previous

GBPUSD edges higher following the data release, with both readings above 50, signaling an improving economic outlook.

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Daily summary: Gold surges 2%, Nasdaq drags down sentiments on Wall Street

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