UK Construction output growth slows in November amid weakest rise in housing activity since June 2013 | Forex Factory

  • UK Construction output growth slows in November amid weakest rise in housing activity since June 2013

    From markiteconomics.com

    Growth momentum softened across the UK construction sector in November, with output, new business and employment all rising at slower rates than in the previous month. At 55.3, the headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI® ) was down from 58.8 in October and signalled the slowest expansion of business activity for seven months. Aside from the pre-election slowdown seen in April, overall output growth was the weakest since mid- 2013. All three broad areas of construction activity experienced a slowdown in output growth during November. Residential building activity ... (full story)

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edyraper
Dec 2, 2015 6:41am
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cable on the way to kiss the floor .... probably 1.44 by the 1 quarter of 16'
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Alexeii
Dec 2, 2015 3:53am
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In my opinion cable is going to break 1.50 and hit again the 1.45-46 area....
Then will be a good buy opportunity.
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Alexeii
Dec 2, 2015 5:01am
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Quoting Guest
then NO US RATE HIKE and everything POPS UP ..........................hahahhahahaha
Exactly!
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Trader#A3E0
Dec 2, 2015 4:00am
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then NO US RATE HIKE and everything POPS UP ..........................hahahhahahaha
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