Analysts at Nomura suggest that the release of UK services PMI will be a key economic release for today’s session.
Key Quotes
“The services index rose to a three-month high in May. A similar reading for this (and the construction report) would keep the composite PMI around similar levels (about 54.5) which in turn would be consistent with economic growth of around 0.5% q-o-q (2% annualised).”
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