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UK Economic Data - UK services sector unexpectedly grows in July
Growth in the UK’s key service industries picked ... disappointing manufacturing and construction data for the month bringing the PMI all-sector index to 50.3, representing marginal expansion in the ...
UK 10-year government bond yield sinks to historic low
A cocktail of trade tensions and Brexit risks has driven UK bond yields to a record low, as investors ignore slightly stronger economic data to pile into haven assets. UK debt was swept up in global ...
Italy's economy may be picking up, surveys suggest
ROME (Reuters) - Italy’s economy may be set for a modest recovery ... on both a quarter-on-quarter and a year-on-year basis, data showed last week. Things may be about to improve, however ...
Why has the weaker pound failed to turbocharge the economy?
The pound is once again under pressure, with a further depreciation expected if the UK leaves the EU without a deal. But while some commentators continue to argue that a weaker currency can help to ...
9-Month High for UK Services PMI
giving a steer on UK economic growth - read at 50.7, ahead of forecasts for 49.8. Image courtesey of Pantheon Macroeconomics "The PMIs still collectively point to slightly declining GDP, though note ...