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UK February manufacturing PMI 56.6

By   || March 1, 2010 at 09:30 GMT
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Better than median forecast of 56.1.  Unchanged from upwardly revised 56.6 in January, which was strongest in 15 years.

Has helped cable build on rally, presently at 1.5175.

On the flip side, mortgage approvals in January 48,198, down from 58,223 in December, and below median forecast of 50,000.

Sell orders now seen up at 1.5190/00.

UK final January money supply +0.4% m/m, +4.9% y/y, lowest annual rate since February 2000.

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