According to James Smith, Developed Markets Economist at ING, the latest UK services PMI figure of 53.9 suggests growth in the sector remains solid, if a little unexciting. Key Quotes “For Bank of England policymakers, the underlying story paints a mixed picture.” “On one hand, the Markit/CIPS press release again talks about firms operating at stretched capacity, given the increasing challenge in recruiting specialist staff. This, in turn, is forcing firms to lift salaries in a bid to attract/retain talent and suggests the better wage growth momentum we’ve seen this year is set to persist.” “That makes it likely that the Bank of England officials will continue to talk up the prospects of further tightening, but with Brexit risks mounting, realistically we think another rate hike before March 2019 is unlikely.” 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. View All Post By FX Street FXStreet News share Read Next Vitalik Buterin fake Instagram account collects 37 Ethereum from unsuspecting followers FX Street 4 years According to James Smith, Developed Markets Economist at ING, the latest UK services PMI figure of 53.9 suggests growth in the sector remains solid, if a little unexciting. Key Quotes "For Bank of England policymakers, the underlying story paints a mixed picture." "On one hand, the Markit/CIPS press release again talks about firms operating at stretched capacity, given the increasing challenge in recruiting specialist staff. This, in turn, is forcing firms to lift salaries in a bid to attract/retain talent and suggests the better wage growth momentum we've seen this year is set to persist." "That makes it likely that… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
