Latest jobs data
- -6k prev revised from -5k
- unemployment claims rate SA 6.3% vs 6.4% exp/prev
Better readings sees EURUSD up to 1.0609 EURJPY upto 130.46 EURGBP 0.7016
- Output and new orders both continue to rise at modest rates
- Strongest increase in new export business since February 2014
- Manufacturers raise their charges marginally despite further sharp drop in input costs
Latest survey data also highlighted accelerated growth of new businessamid reports of an improving economic environment and stronger export demand. The latest rise in new business from abroadwas in fact the most marked in 21 months. Anecdotal evidence suggested that the weak euro helped boost new export business.
Full Markit report here
