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Notícias de trading
12 Aug 2016
UK: Upside risks to June’s construction output data - TDS
Research Team at TDS, sees upside risks to June’s construction output data with a decline of 0.4% on the month vs consensus of -1.0%, building further on May’s decline of 2.1% m/m.
Key Quotes
“June’s construction PMI tanked more than 5 points, but there’s a surprisingly weak correlation between the PMI and its low-quality ONS construction output counterpart.”