- UK Manufacturing PMI rose to 46.7 in November, above expectations of 45.0.
- Services PMI in the UK jumped to 50.5 in November, a big beat.
- GBP/USD rallied hard on strong UK business PMIs but quickly pared back gains.
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) rose to 46.7 in November versus the 45.0 expected and, 44.8 – October’s final print.
more to come …
