United Kingdom S&P Global/CIPS Manufacturing PMI came in at 47.3, below expectations (48.1) in December

Dec 16, 2024

USD: Dollar holds gains – ING

It's Fed week, and the central bank is expected to cut its target policy band by 25bp to 4.25-4.50% on Wednesday.

UK Preliminary Services PMI rises to 51.4 in December vs. 51.0 expected

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) contracted further to 47.3 in December from 48.0 in November.