Manufacturing PMI for October: 46.2 (first reading: 45.8). In September it was 48.4
The manufacturing sector is doing slightly better than preliminary expected but still the index level points to contraction of the UK economy. The reading today was still significantly below September levels. The pound is slightly higher on the news but we should know that the greenback is rather weak at the start of November, ahead of FOMC decision tommorow.
Source: xStation5
BREAKING: USDIDX decline despite strong University of Michigan data
French luxury companies and banks gain as the inflation rises
UK GDP Contracted and the Pound is Up? 🇬🇧 💷
Macro Calendar: Wrapping up an intense week (12.06.2026)