Highlights of the August 2015 UK Markit CIPS manufacturing PMI data report 1 September 2015
- Prior 51.9
- New orders 53.3 vs 52.2 prior
- Employment 49.9 vs 51.5 prior
That's going to put the cat amongst the pigeons for rate watchers
New exports orders fall for the 5th straight month. Employment drops for the first time in over 2 years
Domestically we may still be holding our own but the lack of exports is starting to bite
Cable gets booted down to 1.5310 from 1.5350
UK manufacturing PMI