August 2018 UK Markit/CIPS manufacturing PMI 3 September 2018

  • Prior 54.0
  • Lowest in 2 years
  • Export orders into contraction
  • Job growth slows to near stagnation
  • Inpout and output prices remain strong

Not a good report. GBPUSD under 1.2900 to 1.2990.

The rest of the PMI’s today;

  • Eurozone final 54.6 vs 54.6 exp, prior 54.6
  • Germany final 55.9 vs 56.1 exp, prior 56.1
  • France 53.5 vs 53.7 exp, prior 53.7
  • Italy 50.1 vs 51.1 exp, prior 51.5
  • Switzerland 64.8 vs 60.8 epx, prior 61.9
  • Spain 53.0 vs 52.5 exp, prior 52.9
  • China 50.6 vs 50.6 exp. Prior 50.8
  • Japan 52.5 vs 52.5 prior

 

Ryan Littlestone

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