Latest UK construction data now out
- 55.3 prev
- Output growth accelerates from November's seven-month low
- Commercial construction rises at fastest pace since October 2014
- Construction companies signal positive outlook for business conditions in 2016
Says Markit:
"Higher levels of construction output have been recorded by the survey since May 2013, but the overall rate of expansion remained slightly weaker than seen on average over this period"
Full report from Markit here
GBPUSD up a tad to 1.4700 from 1.4693 on the better than expected data but now fading again
EURGBP 0.7340
Good to see an improvement but it's all relative and no time to get the jelly and ice cream out just yet
