The pound remained broadly weaker after a drop in the UK manufacturing PMI Wednesday. The figure for December dropped to 52.9 from November’s 54.3. The decline was steeper than anticipated, as analysts polled expected the main measure to ease to 53.8, and reminded investors that the Bank of England may yet opt for a back-to-back rate cut at next week’s meeting. Full Story
About OODA Analyst
OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.