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ForexForexLive

UK October flash services PMI 53.1 vs 51.8 expected

Prior 52.1 Manufacturing PMI 52.8 vs 51.7 expected Prior 51.9 Composite PMI 53.1 vs 51.8 expected Prior 52.0 Key findings: Business activity growth accelerates to its fastest since February, helped by rebound in new orders Comment: Chris Williamson, Chief Business Economist at S&P Global Market Intelligence: “The UK economy has picked up momentum in October, with early PMI data indicating the…

CommodityOilPrice.com

UK Rules Out Winter Energy Shortages as Gas Prices Soar

There is no risk of power or gas outages during this winter in the UK, as there will be sufficient generation and gas supply, the National Energy System Operator has said in its early winter outlook. In fact, NESO said it expected surplus electricity output at 5.5 GW for the period between October 31 and March 31 next year, “with an 8.8% buffer over expected peak demand.” Things may yet change,…

ForexForexLive

Eurozone October PMI misses estimates as growth slows, keeping ECB rate hike dilemma alive

Eurozone October flash services PMI 51.7 vs 52.5 expected Prior 53.0 Eurozone October flash manufacturing PMI 52.4 vs 52.7 expected Prior 52.9 Eurozone October flash composite PMI 51.9 vs 52.7 expected Prior 53.1 After the softer prints from France and Germany, the weaker-than-expected results for the overall euro area are not all too surprising. But at least for now, business activity continues…

ForexForexLive

Eurozone October flash services PMI 51.7 vs 52.5 expected

Eurozone October flash services PMI 51.7 vs 52.5 expected Prior 53.0 Eurozone October flash manufacturing PMI 52.4 vs 52.7 expected Prior 52.9 Eurozone October flash composite PMI 51.9 vs 52.7 expected Prior 53.1 Details to follow... This article was written by Justin Low at investinglive.com.

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