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3 Sep 2021
UK Final Services PMI revised down to 55.0 in August, GBP/USD unfazed
- UK Final Services PMI downwardly revised to 55.0 in August.
- GBP/USD remains uninspired near 1.3730 on the UK data.
- Eyes on US NFP and ISM Services PMI amid a subdued USD.
The UK services sector activity expanded less than expected in August, the final report from IHS Markit confirmed this Friday.
The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised lower to 55.0 in August versus 55.5 expected and a 55.5 – last month’s flash reading.
more to come ...