Markit to issue a special one-off UK PMI flash next week

Statement from Markit being reported by the good people at MNI 15 July 2016

  • Markit said that it would be releasing a Flash PMI for the UK on July 22 at 0830GMT to "help provide clarity on the potential impact of the UK's EU referendum on the economy, and is a response to demand from users".
  • the flash release will contain the manufacturing and service components as well as a set of "weighted-composite indices reflecting economic trends across the 2 sectors combined".
  • this would be a one off and that there are no plans to produce a flash number on a regular basis.

Top work Markit. You can bet that Carney & Co will be eagerly awaiting the news for their August decision making.

Put the date/time in your diaries.

Meanwhile GBPUSD holding gains above 1.3400 but tempered by EURGBP holding 0.8300

Eurozone final June CPI release at the top of the hour.

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