December 2017 UK Markit/CIPS services PMI 4 January 2018
- Prior 53.8
- New orders 53.0 vs 53.9 prior. Lowest since Aug 2016
- Composite 55.0 vs 54.9 exp. Prior 54.9. Revised to 54.8
A decent if not spectacular rise in services but like the euro, the quid ain’t moving.
Markit notes;
- Sharper rise in business activity in December
- New order growth eases to 16-month low
- Input price inflation hits three-month high
- Services point to Q4 GDP of 0.4-0.5%
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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