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24 Apr 2015
Key UK events next week; Manufacturing PMI - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted that the Manufacturing PMI is coming up next week on Friday 1st May.
Key Quotes:
"After pushing higher for the last three months, we look for the manufacturing PMI to hold steady in April around last month’s level. Every indication is that domestic demand in the UK is still holding up well, but the softness in the Eurozone flash PMIs suggests that foreign demand may have faded a bit, preventing the UK PMI from gaining any further ground."
Key Quotes:
"After pushing higher for the last three months, we look for the manufacturing PMI to hold steady in April around last month’s level. Every indication is that domestic demand in the UK is still holding up well, but the softness in the Eurozone flash PMIs suggests that foreign demand may have faded a bit, preventing the UK PMI from gaining any further ground."