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U.K. Services Purchasing Managers Index (PMI)

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U.K. Services Purchasing Managers Index (PMI)

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Status

 
Latest Release
Jan 06, 2020
Actual
50.0
Forecast
49.1
Previous
49.0
The Services Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Importance:
Country:
Currency: GBP
Source:
U.K. Services Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Jan 06, 2020 (Dec) 04:30 50.0 49.1 49.0
Dec 16, 2019 04:30   49.0 49.6 49.3
Dec 04, 2019 (Nov) 04:30 49.3 48.6 50.0
Nov 22, 2019 04:30   48.6 50.1 50.0
Nov 05, 2019 (Oct) 04:30 50.0 49.7 49.5
Oct 03, 2019 (Sep) 03:30 49.5 50.3 50.6

News

Top 5 Things to Watch on Monday, Jan. 6 By uuzzw.com - Jan 06, 2020 3

7x彩票网平台uuzzw.com - Fears over the prospect of a conflict in the Middle East are roiling markets, with Brent crude jumping to $70 and safe haven gold hitting its highest level in seven years. Global...

Forex - Weekly Outlook: Jan 6 - 10 By uuzzw.com - Jan 05, 2020

7x彩票网平台uuzzw.com - The first full week of trading in 2020 looks likely to be a volatile one as the U.S. killing of Iran’s most senior military commander continues to reverberate through markets,...

Economic Calendar - Top 5 Things to Watch This Week By uuzzw.com - Jan 05, 2020 6

uuzzw.com - The first full trading week of 2020 looks likely to be action packed with geopolitics firmly back on top of the market agenda after a spike in oil prices in the wake of the U.S....

Analysis

S&P 500 Poised To Gap Lower Amid Heightened Geopolitical Tensions By Marc Chandler - Jan 06, 2020 1

7x彩票网平台Overview: The global capital markets have yet to stabilize amid heightened geopolitical tension. Even though the U.S. stock market finished last week off its lows, the sell-off continued in the Asia...

Rate Decisions Ahead For FX By Kathy Lien - Dec 18, 2019 8

Daily FX Market Roundup 12.18.19 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management In the next 24 hours, the economic calendar is jam packed with market-moving data but whether...

7x彩票网平台Services PMI Discussion

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All Comments (43)
Roxanne Dimacale Oct 08, 2016 3:48AM ET
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Good piece . I was enlightened by the details , Does anyone know where my company can find a sample OPM 1203-FX copy to work with ?.
Seaun Clint Apr 07, 2015 4:35AM ET
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new kid on the block.i wanted to trade news on here the gbp and i looked at the gbp/usd but it went down, can some one kindly advise how do i know what pair to trade when there is news in diff countries, thanks in advance :)
Tony Yalley Nov 05, 2014 8:07AM ET
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Just remember that the "market" is one big scanner looking for positions (your money) so even if you see positive or negative results when it stop or back up it means that there is too many positions taken and then it will wait / back up until your positions are lost. So be smart about your positions. I dont even call it "The Market" anymore I call it "The Scanner" even if its suppose to move it moves based on your positions.
sameer kureshi Nov 05, 2014 8:07AM ET
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Right Tony Agree !!.
THE ROCK :NIZAM Nov 05, 2014 8:07AM ET
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axactly right tony
OSEGIE AKHUETIE Nov 05, 2014 8:07AM ET
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You know Tony, you have just given me the explanation to some of the crazy things the market does such as going the oposite direction just to collect your money and then turn around to head in the direction that would have profited you. It is indeed a giant scanner that scans for your money to collect.
ahmad rizal Nov 04, 2014 11:48PM ET
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anyone..gbp today after PMI will up or down..
Samuel Admor Nov 04, 2014 11:48PM ET
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youre a cheap f@3k trying to get signals for free
Raafat Ghoson Oct 03, 2014 4:50AM ET
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GDP will get lower till 1.58 from now till 2 weeks then rise again
Aldy Trader Oct 03, 2014 4:27AM ET
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GBP will rise
CSVL Oct 03, 2014 4:09AM ET
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58.3
guru gi Oct 03, 2014 3:23AM ET
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EUR /USD ,XAU ,GBP , UP & DONE
supriyadi soemoredjo Oct 02, 2014 11:37PM ET
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PMI news is always 1000% buy for GBPUSD. be careful the reverse momentum, good luck and happy trade.
Vijay Verma Sep 03, 2014 2:19AM ET
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what is gbp/usd tradelpz informe me
calvin phil Sep 03, 2014 2:19AM ET
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buy just buy
Muhammad Qadeer Tanoli Sep 03, 2014 2:19AM ET
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calvin sir i ask different ppls that how u guys forecast it before time and always right ? plz tell me
supriyadi soemoredjo Sep 03, 2014 2:19AM ET
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PMI news is always 1000% buy for GBPUSD. be careful the reverse momentum, good luck and happy trade.
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