UK services PMI to stabilize in July - TD Securities

By FXstreet.com | August 05, 2014 AAA

FXStreet (Łódź) - Annette Beacher, Head of Asia-Pacific Research at TD Securities expects UK services PMI to grow to 58, in line with market consensus.

Key quotes



"We look for the services PMI to stabilize in July after trending lower since its highs last autumn."



"The June survey signalled the sharpest increase in new business volumes in six months, so even though manufacturing activity has started to wane, we still expect services to hold up a little bit better. "



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