United Kingdom Markit/CIPS Manufacturing PMI
A survey of 600 industrial enterprises is used to compile the Markit/CIPS UK Manufacturing Purchasing Managers' Index, which monitors the performance of the manufacturing sector in the United Kingdom. All five indicators were evaluated based on the characteristics: New Orders (30%), Production (25%), Workforce (20%), Provider Delivery Times (15%), and Inventory of Items Purchased (10%), with the Delivery Times index reversed so that it moves in a similar direction to the other indexes. A value above 50 indicates that the manufacturing sector has increased in comparison to the previous month, a rating below 50 indicates that the manufacturing sector has declined, and a value of 50 implies that nothing has changed.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.
Forex Sentiment (GBP)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.2432 -80 pips |
1.2627 -115 pips |
1.25120 | |
| GBPJPY |
|
|
188.4744 -625 pips |
192.3130 +241 pips |
194.720 | |
| EURGBP |
|
|
0.8566 -10 pips |
0.8607 -31 pips |
0.85755 | |
| GBPCAD |
|
|
1.6999 -84 pips |
1.7111 -28 pips |
1.70826 | |
| GBPCHF |
|
|
1.1283 -130 pips |
1.1555 -142 pips |
1.14134 | |
| GBPNZD |
|
|
2.0830 -193 pips |
2.0700 +323 pips |
2.10231 | |
| GBPAUD |
|
|
1.9001 -185 pips |
1.9284 -98 pips |
1.91860 | |
| GBPNOK |
|
|
13.7034 -74 pips |
13.6675 +433 pips |
13.71080 | |
| GBPSEK |
|
|
13.2414 -3734 pips |
13.6279 -131 pips |
13.61480 | |
| GBPSGD |
|
|
1.6902 -102 pips |
1.7229 -225 pips |
1.70043 |
News (GBP)
UK Retail Sales Stable In March
UK retail sales were unchanged on a month-on-month basis in March, defying expectations for a gain, preliminary data from the Office for National Statistics showed Friday. Retail sales including automotive fuel grew 0.1 percent in the previous month. Economists were looking for a 0.3 percent gain for March.
RTTNews | 6 days ago
UK Inflation Slows Less Than Forecast
UK consumer price inflation softened less than expected in March but hit the lowest in two-and-a-half years on food prices, adding uncertainty to the timing of the first interest rate cut from the Bank of England. Inflation weakened to 3.2 percent in March from 3.4 percent in February, the Office for National Statistics reported Wednesday.
RTTNews | 8 days ago
UK Unemployment Rate Rises; Wage Growth Slows
The increase in the UK unemployment rate and the marginal slowdown in wage growth in the three months to February suggest an easing of pressure in the labor market. The ILO jobless rate rose to 4.2 percent from 3.9 percent in three months to January, the Office for National Statistics reported Tuesday. The rate was seen at 4.0 percent.
RTTNews | 9 days ago
