by Julian Benson | Feb 22, 2023
The global US composite PMI, which represents the country’s private sector output, stabilised to 50.2 in February, beating market expectations of 47.5 and up from 46.8 last month. This reading is the highest seen for eight...
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by Julian Benson | Feb 22, 2023
In Germany, economic sentiment unexpectedly rose yesterday to 28.1 from 21.5 in January. This reading represents a boost in investor morale, which reached 12-month highs and marked the fifth consecutive month of increases. This morning the German inflation rate...
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by Julian Benson | Feb 22, 2023
The UK services PMI, which rose to 53.3 yesterday from 48.7 in January, cited rising customer demand as improving business optimism and outlook. A reading above 50 signifies growth and below signifies contraction. This positive data raised hopes that the UK might...
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by Julian Benson | Feb 22, 2023
Yesterday morning the pound was boosted following a positive reading from UK Services PMI which signalled an increase in business optimism. The Services PMI rose to 53.3 in February, above expectations of 51 and up from 48.7 in January. The pound gained 0.88% against...
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by Christopher Nye | Feb 21, 2023
It is a similar story for the United States who will be releasing their latest personal income and personal spending data on Friday. In the previous data, personal income in the US climbed a gentle 0.2% (in December 2022) following a downwardly revised 0.3% increase...
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