UK flash services PMI hits 53.1 in October, surpassing expected 51.8
UK flash services PMI came in at 53.1 in October, above the 51.8 estimate.
China's August imports grew 28.2% y/y, missing the 30% forecast, while exports and trade surplus met expectations.
China August:
Background:
Further details on the data will be provided separately.
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UK flash services PMI came in at 53.1 in October, above the 51.8 estimate.
Eurozone October flash PMIs missed forecasts as growth continued at slowest pace, likely fueling ECB tightening speculation.
Germany's October flash manufacturing PMI was 54.2 versus 53.5 expected, while services and composite PMIs missed forecasts, pointing to slower activity.
Corporate bond premiums are expanding globally, hitting levels unseen since the 2025 tariff shock, driven by anxiety over debt-funded AI spending.