UK: Upside risks to March manufacturing PMI - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Research Team at TDS, sees upside risks to March manufacturing PMI, and expect a move up to 52.6 against mkt 51.2.

    Key Quotes

    “Spillovers from (mostly) better-than-expected euro area PMIs and a strong uptick in the CBI output volume in March, alongside a depreciating currency, should help support manufacturing.”
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