UK June new car registrations yy -4/8% vs -8.5% prev

UK June new car registrations data out a short while ago 5 July

  • new car diesel sales -14.7% yy
  • total pvt sales -7.8% yy
  • fleet -2.4% yy

Stand by your beds for UK services PMI data at the bottom of the hour.

It's the biggie for UK PMI given its 80% contribution to GDP, and no I'm not expecting any positive news but risk to the upside given that the market so far seems to agree with me this morning,

Immediate sell interest/res between 1.2950-60. Demand/support 1.2900 then 1.2880. and 1.2850

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