UK PMI Services and production data exceeds expectations

UK PMI Services and production data exceeds expectations

  • Posted Wednesday, August 05, 2009 -
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European Market Update: UK PMI Services and production data exceeds expectations; Euro-Zone retail sales disappoint ECONOMIC DATA - (ID) Indonesia Central Bank cuts interest rate by 25bps to 6.50% as expected - (UK) Jul Halifax House Price Index M/M: 1.1% v 0.6%e; 3M/Yr: -12.1% v -12.3%e - (SP) Spain Jun Industrial Output NSA Y/Y: -14.5% v -15.0%e; Industrial Output WDA Y/Y: -16.2% v -18.6%e - (SP) Spain Jul Services PMI: 40.8 v 41.2 prior - (IT) Italy Jul PMI Services: 44.5 v 42.7e - (FR)

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