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UK Preliminary Manufacturing PMI unexpectedly drops to 47.4, Cable hits session lows

Monday, 16 December 2019 17:05 WIB PMI U.K. Ekonomi inggris

The UK manufacturing sector activity dropped at the fastest pace since July 2012 in December, the preliminary report from IHS Markit showed this Monday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) dropped to four-month lows of 47.4 in December versus 49.4 expected and 48.9 – November’s final reading. Meanwhile, the Flash UK Services Business Activity Index for December came in at nine-month lows of 49.0 versus November’s final readout of 49.3 and 49.6 expected. Source : FXstreet

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Global Economy

First Phase of US-China Trade Deal Announced
Monday, 16 December 2019 09:09 WIB
A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"

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