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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK services PMI unexpectedly climbed in December
In the UK, the final services PMI unexpectedly climbed to a level of 50.00 in December, compared to market expectations of a fall to a level of 49.20. The services PMI had recorded to a reading of 49.30 in the previous month.
Euro-zone investor confidence index surprisingly advanced in January
In the Euro-zone, the investor confidence index recorded an unexpected rise to a level of 7.60 in January, compared to market expectations of a drop to a level of -4.90. In the previous month, the index had registered to a level of 0.70.
Euro-zone services PMI advanced in December
In the Euro-zone, the final services PMI rose to a level of 52.80 in December, compared to market expectations of a rise to a level of 52.40. In the previous month, services PMI had registered to a reading of 51.90.
US Markit services PMI rose in December
In the US, the final Markit services PMI registered a rise to a level of 52.80 in December, compared to market expectations of an advance to a level of 52.20. Markit services PMI had registered to a level of 51.60 in the previous month.
Japanese services PMI surprisingly dropped in December
In Japan, Nikkei services PMI registered an unexpected drop to a level of 49.40 in December, compared to a reading of 50.30 in the prior month. Markets were expecting services PMI to rise to a level of 50.60.
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