Services: 48.7 vs. Exp. 51.0 (Prev. 51.5)
Manufacturing: 42.5 vs. Exp. 45.0 (Prev. 45.3)
Composite: 47.9 vs. Exp. 50.3 (Prev. 50.8)
PMI data for the UK economy undermined recent market predictions of a BoE forward rate of 6%. The rate prediction has now fallen to 5.9%. Source: S&P Global
The GBPUSD pair loses more than 0.6% in the wake of the publication and breaks through the support set by the 100-day exponential moving average (purple curve). Source: xStation 5
Market Wrap: Energy Stocks Retreat as Hopes for End to Iran War Grow 🌍 (10.03.2026)
EURUSD gains 0.2% on unexpectedly bigger trade surplus in Germany 🇩🇪 📈
Morning wrap (10.03.2026)
Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher