UK October Flash Composite PMI Rises to 53.1
The UK October flash composite PMI was 53.1, versus 51.7 expected and 52.0 in September.
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Sterling Nears 17-Month High Against Euro After Strong UK PMI
The UK composite PMI rose to 53.1 in October from 52.0 in September, above economists’ 52.7 forecast, as sterling climbed against the euro.
UK Composite PMI Rises to 53.1 in October, Beating Expectations
The flash S&P Global composite PMI rose to 53.1 from 52.0 in September, above expectations for 51.7. Activity remained in expansion for a fourth consecutive month, with the index at its highest since February.
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but