- highest reading since Aug 2014
- 56.7 prev
- services PMI expectations component rises to 73.2 from 70.7, highest since May 2014
- composite PMI 58.8 vs 56.7 prev
Much better reading than forecast and Markit says the PMIs point to a Q1 2015 GDP of +0.7% vs +0.65 in Q4 2014
GBPUSD under pressure from the USD demand still but holding its own on the crosses at 1.4880
EURGBP continues to dip accelerated by the euro weakness this morning. Currently 0.7295 after 0.7289 lows
