UK S&P Global Composite PMI Final (Dec) 51.4 vs. Exp. 51.2 (Prev. 51.2)
The UK S&P Global Composite PMI final for December came in at 51.4, slightly above expectations of 51.2 and unchanged from the previous month.
[MARKET ANALYSIS] Crude benchmarks reverse earlier losses and extend on Monday's gains despite a lack of clear driver
[MARKET ANALYSIS] XAU extends on Monday's gains as Copper reaches another ATH
UK S&P Global Composite PMI Final (Dec) 51.4 vs. Exp. 51.2 (Prev. 51.2)
ECB's Villeroy says recent French CPI reading is good news for favourable rates
[MARKET UPDATE] Bund Mar'26 lifted from 127.40 to a session peak of 127.62 within a few minutes of German State CPIs; potentially on the North Rhine Westphalia M/M printing at 0.00%, whilst the Nationwide M/M expectation implies a slightly firmer reading
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This positive beat suggests a steadier growth outlook in the services and manufacturing sectors, potentially supporting a more optimistic narrative for the UK economy. A stronger PMI reading can also influence market sentiment toward the GBP, particularly in relation to future monetary policy expectations.
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