UK Markit/CIPS May construction PMI data 2 June 2016
- 52.0 prev
- lowest since June 2013
- new orders 48.1 vs 50.1 prev. lowest since March 2013
Softer reading will be no surprise to the bears amongst us as the sector's decline continues.
GBPUSD 1.4423 after the offers around 1.4450 held earlier. EURGBP 0.7772 with offers nearby still. In a 0.7750-0.7800 range ahead of ECB.
