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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK manufacturing PMI rose in January
In the UK, the preliminary manufacturing PMI advanced to a level of 49.80 in January, compared to market expectations of an advance to a reading of 48.90. In the prior month, the manufacturing PMI had registered to a level of 47.50.
UK services PMI climbed in January
In the UK, the flash services PMI climbed more than expected to a level of 52.90 in January. The services PMI had recorded to a reading of 50.00 in the previous month.
Euro-zone manufacturing PMI rose in January
In the Euro-zone, the preliminary manufacturing PMI rose to a level of 47.80 in January, compared to market expectations of a rise to a level of 46.80. The manufacturing PMI had recorded to a level of 46.30 in the previous month.
Euro-zone services PMI unexpectedly dropped in January
In the Euro-zone, the preliminary services PMI unexpectedly fell to a level of 52.20 in January. The services PMI had recorded to a level of 52.80 in the prior month.
US Markit manufacturing PMI unexpectedly fell in January
In the US, the preliminary Markit manufacturing PMI unexpectedly dropped to a level of 51.70 in January. In the previous month, the Markit manufacturing PMI had registered to a level of 52.40.
US Markit services PMI advanced in January
In the US, the preliminary Markit services PMI recorded a rise to a level of 53.20 in January, more than market expectations of a rise to a level of 52.90. In the previous month, Markit services PMI had registered to a reading of 52.80.
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