Home UK Final Services PMI beats estimates with 13.4 in April, GBP/USD stays below 1.25
FXStreet News

UK Final Services PMI beats estimates with 13.4 in April, GBP/USD stays below 1.25

  • UK Final Services PMI revised up to 13.4 in April.
  • GBP/USD keeps gains below 1.2500.
  • Risk sentiment remains firmer amid lockdown easing optimism.

The UK services sector activity contracted less-than-expected in the month of April, the final report from IHS Markit showed this Tuesday. 

The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised higher to 13.4 in April versus 12.2 expected and a 12.3 – April’s first reading.

 

more to come …

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.