6 Feb 2014
Flash: From the UK head of clarity from the BoE - BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman the data from the UK overnight.
Key Quotes
"UK reported services PMI at 58.3 vs. 59.0 consensus. This comes after slightly softer than expected manufacturing PMI and firmer than expected construction PMI. No action is seen at the BOE meeting. Instead, Governor Carney is expected to provide more clarity on forward guidance with the release of the BOE inflation report on February 12."
Key Quotes
"UK reported services PMI at 58.3 vs. 59.0 consensus. This comes after slightly softer than expected manufacturing PMI and firmer than expected construction PMI. No action is seen at the BOE meeting. Instead, Governor Carney is expected to provide more clarity on forward guidance with the release of the BOE inflation report on February 12."