Down from 56.4 in March and weaker than median forecast of 55.5.
Cable tanks to 1.6460 at writing.
Elsewhere,
UK March mortgage approvals 47,557 vs Februarys’ 46,708, pretty much in line with median forecast of 48,000. Highest since Nov 2010
8 Responses to “UK construction PMI 53.3 in April”
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AUTOREFRESH 
Hi Gerry! what ur thougts on eur/gbp.. kinda shot through the ressistance
Hey Gerry, what’s your view on the ADP numbers to be released today?
looks like GBP has finally joined the club of toilet-papers EUR/GBP 0,903, parity at the gates (little bit kidding)
Gerry, rumour of rating agency suggesting BofE rate hike ‘almost certain’ in next 3 months …. have you heard anyhing on this? eur/gbp down about 25points from the highs as a result!
Haven’t got one maya77
Do you think this rumour explains the gbp/usd rise??
more than a rumour. S&P came out and said it.
OK I have a question. China says the weak dollar is causing inflation. They seem to be the biggest seller of dollars. Wouldn’t it make sense to stop selling dollars?