Back
27 Mar 2015
Key UK data snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted next week's key Manufacturing PMI from the UK coming up.
Key Quotes:
"After a couple of months of solid improvement, we look for the uptrend to stall out, and for the manufacturing PMI to potentially slip back a few tenths lower again."
"Although domestic demand still appears to be quite strong, foreign demand is still struggling, and the CBI survey showed orders and expected output slipping backward in March."
"Early consensus has the manufacturing PMI edging a touch higher, but we see downside risks to those expectations."
Key Quotes:
"After a couple of months of solid improvement, we look for the uptrend to stall out, and for the manufacturing PMI to potentially slip back a few tenths lower again."
"Although domestic demand still appears to be quite strong, foreign demand is still struggling, and the CBI survey showed orders and expected output slipping backward in March."
"Early consensus has the manufacturing PMI edging a touch higher, but we see downside risks to those expectations."