Markit/CIPS UK Services PMI | Forex Factory

  • Markit/CIPS UK Services PMI

    From markiteconomics.com

    Business activity in the UK service sector continued to increase markedly during May, supported by another firm increase in volumes of incoming new work. Capacity was subsequently tested and encouraged service providers to take on staff at the joint sharpest rate since May 1997. Wages were also reported by a number of service providers to have increased, which led to the sharpest rise in operating costs for four months. Despite the uptick in cost inflation, confidence with regards to future activity was retained, with over 50% of the survey panel forecasting growth over the next 12 months. After accounting for ... (full story)

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Robertk
Jun 4, 2014 3:58am
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Quoting Kok Teong
The data is even lower than the previous month.
You obviously dont know how to read these numbers
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Kok Teong
Jun 4, 2014 3:38am
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The data is even lower than the previous month.
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17607
Jun 4, 2014 6:16am
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Quoting Kok Teong
The data is even lower than the previous month.
compared to the past 12 months the data is exceptionally good.
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sfurqan
Jun 4, 2014 4:09am
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above 50 is good indication for the currency.. but it also depends so many factors...
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Trader#304E
Jun 4, 2014 3:52am
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Quoting Kok Teong
The data is even lower than the previous month.
0.1 points lower than previous month, 0.3 higher than forecast and higher than forecast. So, which side you choose ? ..
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