GBP sensitive release

Headlines from Reuters:

  • UK services PMI at a 3 month low
  • UK July Services PMI employment index 50.9 v June 51.7, the lowest since Aug 2016
  • UK July all sector PMI 53.8 v June 55.0, 3 month low

Quotes that were already hurting GBP from Carney:

This isn't going to help... Perhaps the 2Q activity rebound and momentum into 3Q might not be as good as the Bank of England expected yesterday.