• UK's manufacturing PMI unchanged at 48.0 in July – TD Securities

Market news

1 August 2019

UK's manufacturing PMI unchanged at 48.0 in July – TD Securities

Analysts at TD Securities note that the UK’s manufacturing PMI remained unchanged from the prior month at 48.0 in July (versus market est. of 47.6).

  • “With slower global growth and so much political and Brexit uncertainty, it's difficult to be optimistic about prospects for the manufacturing sector. Markit noted that some firms have reported clients moving supply chains away from the UK ahead of Brexit.”

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.