UK manufacturing forecast

December 23, 2019 0 Comments

Jeremy Cook, chief economist at the foreign exchange company, World First:

This is the highest reading for the UK manufacturing PMI in 2 years and is the 3rd consecutive announcement that has beat analyst’s expectations. Sterling and gilts are higher after the announcement which is a nice welcoming present for the new Bank of England Governor, Mark Carney, on his first day in the job.

Samuel Tombs, UK economist at Capital Economics:

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