Analysts at TD Securities note that the UK services PMI slipped from 55.1 to 53.5 in July, softer than the 54.7 consensus. Key Quotes “This was a 3-month low for the services PMI, and one of the bigger drags was the employment sub-index, which reached its lowest level since August 2016.” “The report notes that this was at least partially due to difficulty filling jobs, as reports of labour shortages continue to grow.” “Other factors were the warm, sunny weather and World Cup, which supported some industries but weighed on others like retail (with lower footfall), as well as Brexit, where there were reports of delayed decision-making and greater risk aversion.” 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 IOTA price analysis: IOT/USD goes ballistic, zooms past $0.90 resistance FX Street 5 years Analysts at TD Securities note that the UK services PMI slipped from 55.1 to 53.5 in July, softer than the 54.7 consensus. Key Quotes "This was a 3-month low for the services PMI, and one of the bigger drags was the employment sub-index, which reached its lowest level since August 2016." "The report notes that this was at least partially due to difficulty filling jobs, as reports of labour shortages continue to grow." "Other factors were the warm, sunny weather and World Cup, which supported some industries but weighed on others like retail (with lower footfall), as well as Brexit,… 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.
