UK Preliminary Services PMI declines to 47.2 in September vs. 49.5 expected

UK Manufacturing PMI rose to 44.2 in September, above expectations of 43.0.
Services PMI in the UK fell to 47.2 in September, a big miss.
GBP/USD consolidates losses around 1.2250 on mixed UK business PMIs.

Sep 22, 2023

United Kingdom S&P Global/CIPS Manufacturing PMI above expectations (43) in September: Actual (44.2)

Krone to slowly appreciate against EUR over the course of this year and in 2024 – Commerzbank

The Norges Bank hiked by 25 bps to 4.25%. The Norwegian Krone was unable to benefit notably from Norges Bank’s decision. Economists at Commerzbank ana