DislikedPMI for Britain at 53.5; it's a 4 month high and higher than expected. Now let's see how the market reacts. Edit: Waaaaait. there's no massive shift up or down following the announcement? Why? Oh, that's right-PMIs are done by markit, which is essentially private and not federal. Was the news leaked, perhaps?Ignored
This PA sees real funny to me... relatively good news for the pound and more bad news for the yen given the downgrade... not sure what is going on... at any rate, that is one ugly looking 4hr candle.