Credit: Shutterstock photoDetails from the December 2016 UK Markit/CIPS manufacturing PMI data report 3 January 2017
New orders 58.5 vs 55.2 prior
A very good bounce into the end of the year and both the headline and new orders are the highest since June 2014.
Export orders continued their good run with a 7th consecutive gain. Jobs gained to the fastest in just over a year, and prices on both input and output were running at the fastest in the survey history, say Markit.
The pound likes the numbers as GBPUSD runs from 1.2257 to 1.2289.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
