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UK: Services PMI likely to remain roughly unchanged in February – TDS

Analysts at TD Securities are on consensus and are looking for the UK’s Services PMI to remain roughly unchanged at 50.1 in February.

Key Quotes

“Brexit remains a key uncertainty, and a print below 50 can’t be completely ruled out.”

“Governor Carney appears before the House of Lords Economic Affairs Committee at 3:35pm GMT to discuss Brexit and the economic outlook. Look for further details on his recent admission that policy might need to be eased under a no-deal Brexit scenario. Finally, the BoE’s FPC releases a summary and record of its recent meeting at 9:30am.”

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