April 2018 UK Markit manufacturing PMI 1 May 2018

  • Prior 55.1
  • New orders 55.0 vs 55.1 prior

That’s not going to help the BOE hike brigade.

Markit’s Rob Dobson says that “While adverse weather was partly to blame Feb/Mar, there are no excuses for April’s disappointing performance”

GBPUSD has been slammed down to 1.3685

From Markit;

  • The rate of job creation eased to the weakest in 14 months
  • Input price inflation eased to a 9 month low
  • Output prices at the slowest pace since Aug 2017
Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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